{"id":370280,"date":"2020-08-27T11:16:08","date_gmt":"2020-08-27T05:46:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=370280"},"modified":"2020-08-27T12:24:36","modified_gmt":"2020-08-27T06:54:36","slug":"oil-giant-exxon-booted-from-dow-jones-industrials-in-major-embrace-of-tech","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-giant-exxon-booted-from-dow-jones-industrials-in-major-embrace-of-tech\/","title":{"rendered":"Oil giant Exxon booted from Dow Jones Industrials in major embrace of tech"},"content":{"rendered":"<p>The dominance of technology companies has eclipsed every other story in 2020\u2019s pandemic-upended stock market. Now it\u2019s helping speed changes to the world\u2019s most famous equity benchmark.<\/p>\n<p>In the biggest reshuffling in seven years, Exxon Mobil Corp, Pfizer Inc. and Raytheon Technologies Corp. were kicked out of the Dow Jones Industrial Average, making way for Salesforce.com, Amgen Inc. and Honeywell International to enter the 124-year old equity gauge a week from today. The actions were prompted when Apple Inc. \u2014 currently 12% of the 30-stock index \u2014 announced a stock split that reduced the sway of computer and software companies in the price-weighted average.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dominance of technology companies has eclipsed every other story in 2020\u2019s pandemic-upended stock market. Now it\u2019s helping speed changes to the world\u2019s most famous equity benchmark. In the biggest reshuffling in seven years, Exxon Mobil Corp, Pfizer Inc. and Raytheon Technologies Corp. were kicked out of the Dow Jones Industrial Average, making way for Salesforce.com, Amgen Inc. and Honeywell International to enter the 124-year old equity gauge a week from today. The actions were prompted when Apple Inc. \u2014 currently 12% of the 30-stock index \u2014 announced a stock split that reduced the sway of computer and software companies [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-370280","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=370280"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370280\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=370280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=370280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=370280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}