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Alphabet added to Dow Jones Industrial Average, replacing Verizon
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- Alphabet will replace Verizon in the Dow Jones Industrial Average, S&P Global said Tuesday, further expanding megacap technology's presence in the blue-chip average.
- The California-based company will join megacap tech peers Nvidia, Amazon, Apple and Microsoft in the blue-chip index.
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Alphabet will replace Verizon in the Dow Jones Industrial Average, S&P Global said Tuesday, further expanding megacap technology's presence in the blue-chip average.
S&P Global said the Google parent's A shares — which trade under the ticker GOOGL — would take the spot in the 30-stock index ahead of the start of Monday's trading. Shares of the online search giant rose about 1% after the bell on Tuesday following the announcement.
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