Nvidia to replace Intel in three S&P Dow Jones indices by Nov 8

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The company will replace rival Intel Corp.in the 128-year-old Dow Jones Industrial Average prior to the start of trading on Nov.

Shares have lost 54 per cent this year, and sank another 2 per cent after the bell.“Intel has lagged in a huge way,” said Adam Sarhan, founder of 50 Park Investments.“Now, the Dow is evolving.

The benchmark has evolved over more than a century into 30 stocks that include a mix of shares from technology, financial, health care and consumer sectors.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Nvidia Dow Jones Industrial technology Intel

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-02 @ 20:36:53 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 680 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23370676

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Official Website: business-standard.com

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Year Established: 1975

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Coverage Areas: India

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Publisher ID: #49

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