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Amazon joins the Dow Monday‚ giving the 127-year-old index a needed upgrade as it trails the S&;amp;P 500
Wall Street’s blue-chip index is getting a shakeup this week that will make its roster look more modern and potentially help reverse its recent underperformance.
On Monday‚ Amazon officially becomes a member of the Dow Jones Industrial Average‚ replacing Walgreens Boots Alliance. Shares of the dominant e-commerce platform have surged more than 80% over the past year‚ making it one of several large stocks that have powered the S&;P 500 to new highs...
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