DJIA may kick out Citigroup and GM; add Google, Cisco?
This rumor may hold a water: The Dow Jones Industrial Average may toss out General Motors and Citigroup due to their lackluster performance and low stock prices. But who to replace them with? The second part of the speculation is that it could be Google, Cisco and/or Apple.
I’m not so sure about Apple really being Dow worthy quite yet, but the important point in this is that still more tech companies are being tapped to represent the direction of industry in the US, and in a down economy to boot.