Nvidia to replace Intel, Sherwin-Williams to replace Dow Inc. in DJIA

Nvidia Corp. (NVDA) will replace Intel Corp. (INTC), and The Sherwin-Williams Co. (SHW) will replace Dow Inc. (DOW) in the Dow Jones Industrial Average, or DJIA. The index changes were initiated to ensure a more representative exposure to the semiconductors industry and the materials sector respectively. The DJIA is a price weighted index, and thus persistently lower priced stocks have a minimal impact on the index. Dow Inc. is also the smallest company in the DJIA as measured by company market capitalization.