Dow Jones Swapping Travelers, Cisco For Citigroup, GM

By: Associated Press Email
By: Associated Press Email

Stay up-to-date with KAKE News:

Monday, June 1, 2009

The Dow Jones industrial average is adding Travelers Cos. and Cisco Systems, dropping Citigroup and General Motors.

The announcement regarding changes to the 30 stocks that make up the best-known barometer of Wall Street comes as GM enters bankruptcy protection.

Dow Jones says Travelers, the property and casualty insurer and one-time division of Citicorp, would replace its former parent. Cisco, which makes computer networking gear, is filling the role left by GM after 83 years as part of the Dow.

The changes take effect June 8.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 46644412