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Apple Joins Dow Industrials, Nudges Out AT&T

Apple, the largest U.S. company by market value, will join the storied Dow Jones industrial average, replacing AT&T, in a change that reflects the dominant position of iPhone maker in the U.S. economy and society. The decision to nudge aside AT&T, which has been part of the Dow for the better part of a century, is a recognition of the way in which communications and technology have evolved over the last several decades. “This is a sign of the times, and it might get everyone to...

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