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It's the biggest shake up of the Dow Jones Industrial Average in nearly a decade after the market closes on September 20.
He Dow Jones indices.
Says that Dow components Bank of America Hewlett-Packard and Alcoa will be removed from the benchmark index -- Goldman Sachs these -- and Nike will replace them.
The Dow is a price weighted index and its members are often considered bellwethers for their respective industries aluminum giant Alcoa had been a blue chip for more than -- half century.
As mortgage rates -- up mortgage lenders moved out of the nation's biggest Wells Fargo expects a 30% drop in the number of loans it will hand out.
In the current quarter.
JPMorgan Chase is seeing a 60%.
Drop in refinancing applications from the may peak.
And Bank of America is reportedly laying of thousands of workers in its mortgage business.
And -- -- it's another milestone there are now 115 million people using the popular photo sharing site.
That's about half the population of the United States the Wall Street Journal says ads will soon begin appearing on this site that by the end of the year.
And fitness for more log on to foxbusiness.com.
In New York online Cincinnati.
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