In another sign of the economic shift from smokestacks to technology, Dow Jones said on Tuesday that it would add Microsoft and Intel to the Dow industrials, the world's most closely watched index of blue-chip stocks. Also joining the list will be SBC Communications and home-improvement retailer, Home Depot.

The move by the 103-year-old Dow company, publisher of the Wall Street Journal and the namesake of the industrial average, reflects the growing influence of technology on corporate America and the global economy, analysts said.

To make room for the new additions, four old-line Dow components - Sears Roebuck, Chevron, Goodyear Tire & Rubber and Union Carbide - were given the boot.

The changes, which take effect on Monday, were the first since 1997.