Dow Jones Drops Bank Of America, Hewlett-Packard

04:24

September 10, 2013

Traders Thomas Lyden, left, and John Bishop work on the floor of the New York Stock Exchange Tuesday, May 28, 2013. (Richard Drew/AP) — Traders Thomas Lyden, left, and John Bishop work on the floor of the New York Stock Exchange, May 2013. (Richard Drew/AP)

In what's being called the biggest shakeup in almost a decade, the Dow Jones Industrial Average is removing Bank of America, Hewlett-Packard and Alcoa and replacing them with Goldman Sachs Group, Visa, and Nike.

The change will take place with the close of trading on September 20th.

The Washington Post: Dow Jones industrial average drops HP, Bank of America; Nike, Visa added

Guest

David Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones Indices.

This segment aired on September 10, 2013.