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DJIA considering structural changes


Charlie
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http://www.marketwatch.com/story/djia-considering-structural-changes-report-2012-09-22?link=MW_home_latest_news

 

SAN FRANCISCO (MarketWatch) -- The owner of the Dow Jones Industrial Average is considering changes to make it more relevant and will discuss possibilities at its next meeting with major index users, according to a media report Saturday. The changes are being considered by Dow owner Stndard & Poor's because the index is supposed to be a measure of U.S. industrial titans but doesn't include Apple Inc [s:aapl], Google Inc. [s:goog] or Berkshire Hathaway Inc. [s:brk.a], the Financial Times reported, noting they are three of the largest U.S. companies. There would be problems adding them to the Dow bedause they would dominate the 30-stock index that's weighted by price, the FT said. David Blitzer, chairman of the index committee for S&P DJ Indices, said the issue is being discussed, the FT reported.

 

Cheers!  :)

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