This financial crisis is causing a stir in the Dow 30. The Dow 30 this year is dropping a few well known company and replacing them with other.
GM is replaced by Cisco (CSCO)
Citigroup (C) is replaced by Travelers Group (TRV)
AIG was replaced by Krafts Food Inc (KFT) back in September ’08
Usually, companies that are removed from an index the stock declines a bit and of course companies that are added to an index the stock gets a nice bounce.
