Dow Added to the Dow
DJIA removes DowDuPont, adds Dow Inc
Dow Inc will replace DowDuPont (NYSE:DWDP) in the Dow Jones Industrial Average on April 2 following the chemical corporation’s breakup into three smaller companies – Dow, DuPont and Corteva Agriscience.
The change will maintain the benchmark’s exposure to the materials sector, and its price weight within the DJIA will be similar to DowDuPont’s before its breakup.
Dow Inc will also join the S&P 500 on April 2, replacing Brighthouse Financial (NASDAQ:BHF).