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What the DJIA changes say about the market and industries

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NVDA and SHW are replacing two smaller stocks, INTC and DOW, in the DJIA on November 8. Stocks that have left the DJIA have outperformed those added starting about two months after the change. The DJIA has outperformed its long-term average the year before changes and has been a market performer the year after.

Ned Davis Research | Equities | U.S. Focus | Weekly

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