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Shauna O'Brien Mar 06, 2015
This is the first change to the Dow since September 2013, and the first change involving just one company since 2012.
Looking back to the last time the Dow 30 made changes in September 2013, Goldman Sachs (GS) shares rose 35% , Nike (NKE) shares rose over 60% and Visa (V) shares rose 30% in the six months after being added to the index. That compares to the S&P 500 increasing around 6% during the same period.
From the last example, it is reasonable for investors to be optimistic about the near-term future of Apple, but it will ultimately be up to Apple to continue beating expectations and launching exciting products in order to sustain positive momentum over the long-haul.
|VTSMX||Vanguard Total Stock Market Index||1.73%|
|VFINX||Vanguard 500 Index||1.11%|
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