Sherwin-Williams Stock News

CLEVELAND , Nov. 14, 2024 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced today that John G. Morikis will retire from his position as Executive Chairman effective as of the close of business on December 31, 2024, following a 40-year career with the Company.

The Dow is less representative of value and dividend stocks and more focused on general industry leadership.

Nvidia (NVDA) joined the Dow Jones Industrial Average Friday, replacing storied chipmaker Intel (INTC) as the artificial intelligence (AI) darling cements its position as the world's most valuable company.

For only the 53rd time in 128 years, the ageless Dow Jones will see its components change.

This week, two new stocks  are joining the Dow Jones Industrial Average, Nvidia Inc (NASDAQ:NVDA) and Sherwin-Williams Co (NYSE:SHW).

After the market closed on November 1, the S&P Dow Jones Indices announced that NVIDIA Corp. NASDAQ: NVDA and The Sherwin-Williams Company NYSE: SHW will be added to the Dow Jones Industrial Average. NVDA stock will replace Intel Corp. NYSE: INTC, and SHW stock will replace Dow Inc. NASDAQ: DOW when trading begins on November 8, 2024.

This will mark only the 53rd change for Wall Street's iconic index since its inception on May 26, 1896.

The smaller company will have the bigger impact on the price-weighted benchmark.