Nike stock added to Dow Jones average

Nike stock added to Dow Jones average

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Nike stock added to Dow Jones average

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by Associated Press

kgw.com

Posted on September 11, 2013 at 9:19 AM

Updated Wednesday, Sep 11 at 9:24 AM

BEAVERTON, Ore. -- Beaverton-based Nike Inc. has been added to the Dow Jones industrial average in a six-company shakeup of the most widely known barometer of the U.S. stock market.

The footwear and sports apparel company was added along with Visa Inc., and the Goldman Sachs Group Inc. The average is dropping Bank of America, Hewlett-Packard and Alcoa, its three-lowest priced stocks.

The changes will take effect at the start of trading Sept. 23.

More: Why the Dow is getting a makeover

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