GOOGL.BA is trading 3.2% up at $9300.00 as Alphabet joins the Dow Jones Industrial Average, driving increased demand from index and benchmark-tracking funds.
- The inclusion in the blue-chip index is expected to significantly boost institutional buying interest and liquidity for the tech giant.
- Shares are also benefiting from a broader rally in U.S. equities, with major indices and large-cap technology stocks trending higher during the session.