Dow closes above 52,000 for 1st time, markets rebound

Alphabet joins Dow, semiconductors rally

Alphabet (Google’s parent company) made its debut on the Dow, replacing Verizon, a major shift from the old-school lineup.
While Alphabet ended its first day up 4%, investors are still cautious about its AI progress and recent talent losses.
Meanwhile, semiconductor stocks staged a strong comeback after last week’s slump, giving investors some much-needed relief.