business
Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech
Key takeaways
- • Its shares rose 3.7% to $350.24, offering one of the biggest boosts to the 30-member Dow.
- • The company replaced Verizon on the index, S&P Dow Jones Indices said in an announcement on June 23.
- • The addition lifts to five the number of 'Magnificent Seven' members in the Dow, alongside Nvidia, Amazon, Apple and Microsoft.
Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech Illustration shows Alphabet logo · Reuters Reuters Mon, June 29, 2026 at 10:20 PM GMT+7 1 min read ^DJI GOOGL VZ NVDA INTC June 29 (Reuters) - Alphabet shares climbed on Monday as the Google parent made its debut in the blue-chip Dow Jones Industrial Average, replacing Verizon Communications, and immediately ranking among its most influential members.
• Its shares rose 3.7% to $350.24, offering one of the biggest boosts to the 30-member Dow.
• The company replaced Verizon on the index, S&P Dow Jones Indices said in an announcement on June 23.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop