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Exxon's Dow Exit Signals Energy's Fall From Grace

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Five months ago, Exxon Mobil was proudly commemorating its 100th anniversary of being listed on the New York Stock Exchange. But history is changing for the Big Oil juggernaut -- and energy equities at large. The US supermajor is among three firms that will be dropped from the 30-stock Dow Jones Industrial Average at the end of this month, ending its 92-year run on the vaunted blue-chip index. Out: Exxon Mobil, Pfizer, Raytheon Technologies In: Salesforce.com, Amgen, Honeywell International

Topics:
Equity and Debt Markets, Oil Demand, Earnings
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