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Under its new CEO John Flannery, who took over in August 2017, GE has sold off other business units — including locomotive and power-plant manufacturing businesses — as it struggles to regain profitability and grow its stock price once again.
GE is getting booted from the Dow Jones industrial average: Here are the members of the original 1896 index
General Electric is being booted from the Dow Jones Industrial Average for Walgreens Boots Alliance. GE was the last-standing member of the original 1896 index, which consisted only of industrial stocks. Here's where those companies are today.
Once the most valuable public company in the United States, GE will leave the 122-year-old index as only the sixth largest of the 30-company basket. It's stock has declined by 80% from its highs set more than ten-year ago.
President Donald Trump tweeted early Wednesday morning for Russia to "Get ready" for the US to attack Syria.
A disappointing jobs report didn't help stock either
President Donald Trump keeps attacking retailer giant Amazon, but there's one big reason he won't really do anything: the stock market drop.
Stocks saw their worst week in two years last week.
The VIX is spiking Thursday, after China may have hinted at a trade war.
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All of the major averages are up at least 1%.