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Company News

Salesforce to replace Exxon in Dow Jones Industrial Average index next week

Aug 24 (Reuters) - Salesforce.com Inc, Amgen Inc and Honeywell International Inc will become a part of the blue-chip Dow Jones Industrial Average index on Aug. 31, S&P Dow Jones Indices said on Monday.

The three companies will replace Exxon Mobil Corp, Pfizer Inc and Raytheon Technologies Corp.

The changes follow Apple Inc’s decision to split its stock, which would reduce the index’s weight in the global industry classification standard information technology sector, S&P Dow Jones Indices said. (Reporting by Nivedita Balu in Bengaluru; Editing by Shounak Dasgupta)

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