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General Electric dropped from Dow Jones stock index

General Electric dropped from Dow Jones stock index

Slumping US industrial giant General Electric will be booted from the prestigious Dow Jones stock index, S&P Dow Jones Indices announced Tuesday.

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20.06.2018 07:57 AM

Slumping US industrial giant General Electric will be booted from the prestigious Dow Jones stock index, S&P Dow Jones Indices announced Tuesday.

GE will be replaced on June 26 by pharmacy chain Walgreens Boots Alliance, which will contribute "more meaningfully" to the index, S&P Dow Jones said. GE was an original member of the Dow in 1896 and has been in the index continuously since 1907.
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