GM and Citigroup Expelled from Dow Jones

When it comes to stock market indexes in the Unites States, the Dow Jones industrial average is king. On Monday, General Motors and Citigroup got the heave-ho from the Dow Jones.
This isn’t a very surprising turn of events. With GM and Citigroup now being highly involved with the United States federal government, most market experts believed this to be a logical step.
Market experts also weren’t surprised by the two replacements — Travelers Co and Cisco Systems. Cisco Systems is an addition that makes a lot of sense because of its connection to the growing internet world. Travelers Co, which is …read more