FinanceVerified
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.
The story
Source: CNBC↗More stories in Finance
- Anthropic's Mythos AI Model Identifies Vulnerabilities in Classified U.S. Government Systems
- SpaceX Raises $25 Billion in Debt Sale Less Than Two Weeks After IPO
- SpaceX Stock Falls for Second Day as Market Cap Slips Below Amazon's
- Intel Begins 18A Chip Production With Preliminary Apple Manufacturing Deal