NEW YORK — Stocks are opening mostly higher on Wall Street Tuesday, sending the S&P 500 index up 0.1%.
Exxon Mobil fell 1% after getting booted from the Dow Jones Industrial Average. The energy company was dropped from the 30-stock index late Monday along with Pfizer and Raytheon. They will be replaced by Salesforce.com, Amgen and Honeywell. Exxon was the longest-running member of the Dow, having been added in 1928. The changes were brought on by a 4-for-1 stock split by Apple, which also goes into effect next Monday along with the changes to the Dow roster.
Treasury yields rose.
This is a breaking news update. More to come…
