The Economist: End of an era

General Electric (GE) was recently eliminated from the Dow Jones Industrial Average after more than a century as part of the index. GE was one of the 12 original stocks included in the index when it was developed in 1896, and while it had come and gone from the index twice in its early days, the company had been continuously part of the Dow since 1907. It was the last of the original stocks to exit, and it is unlikely to return.