10am: It's a mixed open on Wall Street, as the futures market correctly anticipated. The Dow Jones Industrial Average is the one in the red, down 0.4% as more than two-thirds of the 30-company index are in the red, led by UnitedHealth, Verizon Communications, Chevron, Nike, Merck & Co and Caterpillar.
US stocks are set for a mixed start to November trading as persistent hopes, fears and a government shutdown continue to exert an influence on market sentiment. Dow Jones futures are down a handful of points, or around 0.1%, while S&P 500 and Nasdaq futures are up 0.2% and 0.5%.
Blue chips Boeing Co (NYSE: BA) and Caterpillar Inc (NYSE:CAT) are fresh off the earnings confessional.
Dow Inc. remains a long-term buy as operational improvements and cost controls position it for a potential turnaround despite ongoing industry headwinds. DOW's recent quarterly report showed a revenue decline but a return to positive net income, with financial fundamentals remaining solid and dividend risk reduced. The company is adapting to a tough external environment by improving efficiency and consolidating operations, limiting downside risk, and enhancing upside potential if sector conditions improve.
The Dogs of the Dow is a well-known strategy first published in 1991 by Michael O'Higgins.
Dow Inc. remains under pressure from weak demand, with Q3 net sales down 8% YoY and its flagship segment facing the steepest declines. Despite revenue weakness, DOW demonstrated strong cash flow improvements through better working capital management. Management is focused on cost reductions and efficiency by cutting 2025 CAPEX and planning $1 billion in annualized cost savings by 2026 year end.
Dow Inc. surged 13% after Q3 earnings beat on the bottom line, signaling a possible cyclical trough and renewed investor optimism. DOW's operational efficiencies, cost-cutting, and non-core divestitures are strengthening its balance sheet and positioning it for recovery. Despite bearish analyst sentiment and high trailing P/E, DOW offers compelling value as profitability could rebound quickly with an industry upturn.
The headline numbers for Dow Inc. (DOW) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
DOW posts a narrower-than-expected Q3 adjusted loss but misses sales estimates as lower prices drag revenue across segments.
Dow Inc. (DOW) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to earnings of $0.47 per share a year ago.
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