Simply eliminate the losers. And, that is exactly what Dow Jones will do! The DJIA will eliminate such recent losers as Alcoa, Hewlett Packard, and Bank of America, and they will be replaced by Goldman, Nike and Visa. Next, I guess the Dow Jones will be adding such companies as Herbalife, Tesla, Netflix, and, of course, Apple. By the way, of the 30 Dow stocks in the Dow Jones Industrial Average, only 10 are industrial stocks. That alone should tell us something about our manufacturing base in America.
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