Exxon Mobil replaced by a software stock after 92 years in the Dow is a 'sign of the times'

is also in the Dow, meaning the energy sector was over-represented in the benchmark to begin with. And with Apple's coming 4-for-1 stock split, the Dow's exposure to tech was set to decrease.

Over time the S&P 500 has surpassed the Dow in importance given that it better reflects the market and economy. Not only does it contain hundreds of additional stocks, it's also market-cap weighted, which means that larger companies have a greater influence. The Dow, on the other hand, is price-weighted.

"This action does not affect our business nor the long-term fundamentals that support our strategy," Exxon said in a statement. "Our portfolio is the strongest it has been in more than two decades, and our focus remains on creating shareholder value by responsibly meeting the world's energy needs."shares, while also struggling this year, have returned roughly 25% over the last five years. Its stock price is currently a little more than double Exxon's.

Source: Tech Daily Report (techdailyreport.net)

Now if that would show up at the gas pump

Yuh electric taking over.

Boeing might follow suit and be ditched out of the Dow.

This story really landed in the wrong hands to find someone that GsAF...but it's whatever.

So nice to see Exon got ass kicked out of Dow

maga 😂

Maybe it’s time to start using some of those incredible patents they’ve been keeping from the world.

Seems Exxon Mobil gave America the second most hateful Secretary of State in history.

Great stock to own. It is a buy right now.

They will eventually go out of business if they don’t diversify beyond fossil fuels. Right now the DJIA considers them a fossil already

Great. They are destroying the planet as we know it.

brianschatz Who cares? Stock market shows how rich people are doing, not how the average person or the economy is doing.

please help me share my third video against vacuous Donald J. Trump! 👍

The United States of Germany. Why not.

DJ likes to fool the WS naive investors by replacing the dying industrial stocks with the most speculating stocks. Eventually all its original stocks list will be gone like ge. And, ba will be gone soon. BTW, ba is in ventilator with the all out help from its corrupted pentagon.

Fossil-Fuel is futureless Commodity!

Result of Apple splitting its stock: 'The Dow is dropping Exxon Mobil, Pfizer and Raytheon in favor of Salesforce, Amgen and Honeywell. The change followed Apple's announcement of a four-for-one split of its shares.' -TheHill

DOW matters less and less like CNBC

This is another sign of the DJI losing its value as a long term average. Being able to show it going up has more advertising spark. Buy, Buy, Buy! tt:MadMoneyOnCNBC

lol.. Next - Sigma Labs will replace Amazon. tNo place for intraday losers in US stock exchanges! Sign of the times.

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