Today: 26 June 2026
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NASDAQ:SIEB 26 June 2026

Dow trades stable close to 52,000; Alphabet change stirs talk on price weighting

Dow trades stable close to 52,000; Alphabet change stirs talk on price weighting

Alphabet (NASDAQ:GOOGL) will replace Verizon in the Dow before Monday’s open, boosting the index’s exposure to high-priced tech stocks after S&P Dow Jones Indices said Verizon’s low share price gave it minimal weight; no mechanical index jump is expected at the open.
26 June 2026
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Stock Market Today

  • Pet Valu Holdings Stock Down 60%: A Long-Term Dividend Buy on TSX
    June 26, 2026, 12:19 PM EDT. Pet Valu Holdings (TSX:PET) shares have plunged nearly 60% amid inflation pressures and cautious Canadian consumers. Despite flat same-store sales and challenges from rising costs, Pet Valu's essential role in pet supplies positions it as a defensive stock. The company is exploring supply chain efficiencies and product mix shifts to appeal to cost-conscious buyers. Trading at an attractive 12.6 times trailing price-to-earnings (P/E) ratio, Pet Valu could be undervalued with potential for recovery as consumer conditions improve. Investors seeking stable dividends and long-term growth may find this TSX stock worth holding through market fluctuations.

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