Why Isn't Facebook in the Dow Jones Industrial Average?

The video discusses how the Dow Jones Industrial Average is determined by a committee that meets a few times a year, often making changes due to corporate shifts. The Dow is meant to represent the US economy with 30 major companies, though not all sectors are equally represented. Technology is well-represented, but sectors like food are not. The video also explores the potential inclusion of Facebook, a young company with small revenue, and the possible removal of American Express due to its recent struggles. Wells Fargo is mentioned as a potential replacement.

How is the inclusion of companies in the Dow Jones Industrial Average determined?

What are the current concerns regarding the representation of technology in the Dow?

Why is Facebook not currently included in the Dow Jones Industrial Average?

What challenges is American Express facing that might affect its position in the Dow?

Which other companies are being considered for inclusion in the Dow, and why?