Nvidia replaces Intel, Sherwin-Williams replaces Dow Inc. in DJIA

Nvidia Corp. (NVDA) becomes Intel Corp. substitute (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 more representative exposure to the semiconductor and materials sectors. The DJIA is a price-weighted index and therefore persistently lower valued stocks have minimal impact on the index. Based on market capitalization, Dow Inc. is also the smallest company in the DJIA.