Dow Jones Industrial Average

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Dow Jones Removes Citi, GM 

Jun 01, 2009By

Still in the shadow of the government’s total $45bn capital injections and following news the institution needs another $5.5bn to withstand more severe economic conditions, Citigroup [stock C][/stock] will be delisted from the Dow Jones Industrial Average. Dow Jonestoday said The Travelers Companies [stock TRV][/stock] is replacing Citigroup on the Dow Jones Industrial Average as of June 8. Travelers, which spun off Citigroup in 2002, provides property and casualty insurance.

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