S&P Dow Jones Indices announces adjustment: Alphabet Inc will officially replace Verizon Communications and join the Dow Jones Industrial Average index constituents before the market opens on June 29.
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This adjustment to the Dow Jones component stocks is a routine arrangement made by the index compiler to optimize market representation. As a leading global technology company, the inclusion of Alphabet will further enhance the Dow Jones' coverage of the new economy sector and more accurately reflect the developmental trends in the overall structure of the U.S. industry.
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