Energy Giant Loses Power

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Oil and gas giant Exxon Mobil, once the largest company in the world, is out of the Dow Jones Industrial Average (DJIA).

Dow Jones officially booted Exxon from among the 30 “blue chip” companies that comprise the venerable index on August 31st. While Exxon’s banishment garnered the most press, two other companies, Pfizer and Raytheon, were also let go.

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