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Why does the Wall Street Journal change the composition of the Dow Jones Industrial Average?

April 26, 2017average composition Dow industrial Jones wall street

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Why does the Wall Street Journal change the composition of the Dow Jones Industrial Average?

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The editors of the Wall Street Journal want to ensure that the Dow is composed of 30 large stocks which will best serve as a proxy for the market as a whole. As the U.S. economy evolves, so too must the Dow Jones Industrial Average.