The Dow Jones Industrial Average fell on Tuesday as Apple shares declined for the first time in six sessions and traders assessed a big shake-up for the average.
The 30-stock index let go of 59.91 points to 28,248.55. Apple dropped 0.8%, giving back some of its blistering rally into a record valuation. Boeing also contributed to the Dow’s decline, falling 2%.
The S&P 500 kept marching, piling 12.37 points onto Monday’s all-time record at 3,443.65.
The NASDAQ Composite improved 86.75 points on Monday’s all-time peak, to 11,466.47.
Facebook climbed more than 3%. Amazon, Alphabet and Microsoft were all up more than 1%.
After the bell, S&P Dow Jones Indices said Salesforce.com will replace Exxon Mobil, Amgen will replace Pfizer and Honeywell International will replace Raytheon Technologies in the Dow average. The changes are driven by Apple’s coming stock split, which will reduce the technology weighting in the price-weighted average.
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