Alphabet joins Dow Jones Industrial Average as tech stocks rebound from Tuesday selloff
Alphabet (GOOGL) will replace Verizon in the Dow Jones Industrial Average as stock index futures turned mixed Wednesday following a tech selloff, with investors awaiting Micron (MU) earnings results.
Alphabet () will join the Dow Jones Industrial Average, replacing Verizon, as stock index futures turned mixed Wednesday after tech stocks regained momentum following Tuesday's selloff [1][2]. Investors are awaiting quarterly results from Micron Technology (), which will provide fresh signals on semiconductor sector demand.
Alibaba () filed a lawsuit against the U.S. government, escalating geopolitical tensions that weighed on Chinese equities and added to tech sector volatility during the overnight session [1]. The lawsuit marks a significant shift in the company's approach to regulatory challenges in the U.S. market.
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