Amazon stock

Amazon Stock

Amazon joins the Dow on Monday, giving the 127-year-old index a boost in terms of its exposure to Big Tech stocks. This move brings the Dow closer in line to the S&P 500, making it a more attractive option for investors looking to diversify their portfolios.

What does this mean for Amazon?

Being included in the Dow is a significant milestone for Amazon, as it solidifies the company's position as a major player in the tech industry. This move is expected to drive up the value of Amazon's stock and increase investor confidence in the company's long-term growth potential.