THE WHAT?   Amazon.com Inc. will replace Walgreens Boots Alliance Inc. in the Dow Jones Industrial Average (DJIA), following Walmart Inc.’s stock split.

THE DETAILS  This adjustment aims to enhance the index’s exposure to consumer retail and other business sectors, aligning with current economic trends.

THE WHY? The decision was influenced by Walmart Inc.’s stock split, which necessitated a rebalancing of the index due to its price-weighted nature, though Walmart will maintain its position within the DJIA.