Amazon to join Dow Jones Industrial Average, reflecting ‘evolving nature of American economy'

Amazon.com Inc. is set to join the Dow Jones Industrial Average in a week, a move meant to reflect “the evolving nature of the American economy,” S&P Dow Jones Indices said late Tuesday. Amazon AMZN, -1.43% replaces Walgreens Boots Alliance Inc. WBA, +1.50% in the Dow Jones DJIA. The change was prompted by Walmart Inc.’s WMT, +3.23% 3-to-1 stock split, Dow Jones Indices said. Amazon’s stock rose 1.3% in after-hours trading following the news. ...