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Alphabet Replaces Verizon in Dow Jones Industrial Average Effective June 29, 2026

S&P Dow Jones Indices announced that Alphabet will replace Verizon Communications in the Dow Jones Industrial Average, effective before market open on June 29, 2026. The change reflects the index's ongoing shift to better represent growing sectors of the modern economy, increasing the blue-chip benchmark's weighting toward technology companies. Verizon currently represents only 0.5% of the index.

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Source: CNBC
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