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Why did Alphabet-Google join the Dow and what does it mean for the markets?
Jun 24, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan
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AI Overview
Alphabet will replace Verizon in the Dow Jones Industrial Average effective before trading on June 29, a change announced by S&P Dow Jones Indices, owned by S&P Global. The shift raises tech representation in the blue-chip index and could redirect institutional flows toward big-cap tech, potentially influencing crypto market correlations and investor activity in DeFi, DEX and token markets.
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Alphabet (GOOGL, GOOG), Google’s parent company, is getting a seat in the Dow Jones Industrial Average before trading starts on June 29, while Verizon (VZ) is getting kicked out. S&P Dow Jones Indices, owned by S&P Global (SPGI), manages the index and made the call. For markets, the reason is pretty clear. The Dow wants...
