Amazon Joining Dow Jones Industrial Average, Replacing Walgreens, as Tech Giant Gains Prominence
• Amazon joining Dow Jones Industrial Average (DJIA) stock index, replacing Walgreens Boots Alliance
• Occuring before opening of trading on Monday; Amazon will be 17th most heavily weighted Dow stock
• Prompted by Walmart's 3-to-1 stock split reducing its weight in price-weighted Dow index
• Reflects "evolving nature of the American economy" with more consumer retail and business exposure
• Uber being added to Dow Jones Transportation Average, replacing JetBlue Airways due to low share price