Cisco replaces GM on Dow Jones industrial average | WHAT REALLY HAPPENED

Cisco replaces GM on Dow Jones industrial average

Pardon our gloat. But Silicon Valley and the tech sector just got a nice kiss blown their way by the Dow Jones industrial average, which on Monday announced it will boot 83-year member General Motors off the storied stock index and replace the bankrupt carmaker with San Jose's own Cisco Systems on June 8.

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So we can expect the DOW to soar on June 8th.

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