Alphabet share price was marginally up at $348.55 by 0.66 per cent after S&P Global said the Google-parent would join the Dow Jones Industrial Average, replacing Verizon Communications. Memory chipmakers moved higher in premarket trading, following a sharp plunge in the previous session, with Micron Technology and Sandisk stocks adding 3.8 per cent and 2.9 per cent, respectively. Dow E-minis were down 50 points, or 0.1 per cent, and S&P 500 E-minis were up 15.5 points, or 0.21 per cent. Nasdaq 100 E-minis were up 164.25 points, or 0.55 per cent.
The choppy backdrop in equities has intensified focus on Micron's results after the bell, as it is a key beneficiary of surging demand from companies investing billions in AI infrastructure. The stock has surged more than 268 per cent in 2026, despite a 13 per cent drop on Tuesday.
