Changes at the DJIA…
The Dow Jones Industrial Average will be making its first change to the average in four years. It was announced today that the DJIA will be dropping Honeywell and Altria from the index and adding Chevron and Bank of America. FBN broke the news of this at 9:05:18 am ET with Alexis Glick reporting the story. Glick brought in the Managing Editor of the Wall Street Journal, Marcus Brauchli to discuss the story.
CNBC broke the news at virtually the same time (9:05:25 am) during Squawk on the Street with Mark Haines and Erin Burnett, who interviewed John Prestbo, Dow Jones’ Indexes Editor & Executive Director a minute after they reported it.
