The Dow Jones Industrial Average Changes Forever Today: Google Parent Alphabet Is In, Verizon Is Out, and a Longtime Component Is on Thin Ice

For more than 130 years, the Dow Jones Industrial Average (DJINDICES: ^DJI) has served as one of Wall Street's most trusted barometers. What was once a 12-stock index dominated by industrial companies in the late 1890s is now comprised of 30 multinational businesses from a variety of sectors.Change is part of the Dow's storied history -- and today, June 29, features the 54th time since its inception that companies will be added or removed. Telecom titan Verizon Communications (NYSE: VZ) is being shown the door, Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) is being added, and the Dow's biggest laggard, Nike (NYSE: NKE), is officially on notice. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool