Exxon Mobil, Pfizer, and Raytheon to be dropped from Dow

Some big names in the Dow Jones Industrial Average are slated to be dropped from the 30-company index.

Exxon Mobil, Pfizer and Raytheon Technologies will be replaced before trading opens next Monday by Salesforce.com, Amgen and Honeywell International, S&P Dow Jones Indices said late Monday.

Exxon has been the longest-running member of the Dow. It was first added to the index in 1928 when the oil giant was still named Standard Oil of New Jersey. The company changed its name to Exxon in 1972.-AP