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The Dow Jones Industrial Average gets some new members

Traders work on the floor of the New York Stock Exchange after the closing bell on August 15, 2013 in New York City.

The Dow Jones Industrial Average is getting a big overhaul--Alcoa, Hewlett Packard, and Bank of America will be taken off the index and companies like Visa and Nike are being added on. Juli Niemann, analyst at Smith Moore & Company, joins Marketplace Morning Report host David Brancaccio to discuss. 

Click the audio player above to hear more. And click here to listen to David's conversation with Andy Brooks, Head of U.S. equity trading at T. Rowe Price, for more about why the Dow made this reshuffling move. 

About the author

Juli Niemann is executive vice-president for research and portfolio management with Smith, Moore and Company.
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