general motors corp

Dow Jones Industrial Average Drops GM, Citigroup

NPR Programs: Morning Edition  Tue, 06/02/2009 - 5:49am

The stock market's best-known barometer is adding Cisco Systems Inc. and Travelers Cos. and dropping General Motors Corp. and Citigroup Inc.

The changes were announced Monday as GM entered bankruptcy protection. The government has, through bailout money, become a major Citigroup shareholder and reduced its role as a publicly held company.