Rebalancing of the Dow Jones and S&P 500 Indices: Not So Balanced In Reality
September 23, 2013 at 13:04 PM EDT
By Bryan Wiener There is change in the air in lower Manhattan. At the close of trading on Friday, September 20, 2013, both the Dow Jones Industrial Average and the S&P 500 Index underwent a facelift of sorts. In an effort to “diversify” and upgrade its price components, the DJIA removed Bank