Nasdaq Correction: Was It a Mistake to Add Nvidia, Amazon, and Salesforce to The Dow Jones Industrial Average?

The Dow Jones Industrial Average (DJINDICES: ^DJI) has changed a lot in recent years. In 2020, Salesforce, Amgen, and Honeywell International replaced ExxonMobil, Pfizer, and RTX, respectively, and in February 2024, Amazon replaced Walgreens Boots Alliance. Last November, Nvidia booted out Intel, and Sherwin-Williams replaced chemical company Dow.