The three major US indices that I follow are all looking very weak in the premarket trading hours of Monday. This is a continuation of everything that we have seen recently, as there are still concerns about the tariff war.
Besides Wall Street's top -and-bottom-line estimates for Dow Inc. (DOW), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
This morning, it's the blue-chip Dow Jones Index's turn to bring a disappointing performance. After yesterday's trade tariffs hit a snag with semiconductors to China sent the tech-heavy Nasdaq on a steeper decline, this morning's Q1 earnings miss from Dow component UnitedHealthcare is helping send that index -600 points at this hour.
UnitedHealth weighed on the Dow, plummeting 17% after lowering its annual profit forecast on expectations of high medical costs for the rest of the year.
Dow Inc. (DOW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
8:15am: All eyes on Netflix It's shaping up to be a choppy day on Wall Street. Stock futures are sending mixed signals ahead of the open.
The Dogs of the Dow is a well-known strategy first published in 1991 by Michael Higgins.
It's been a wild few weeks in the stock market, as tariff tensions seem to escalate and cool off at a moment's notice. But through it all, Dow Jones Industrial Average component Procter & Gamble (PG -0.30%) has been a steady stalwart.
Dow Inc (NYSE:DOW) has been downgraded to ‘Underperform' from ‘Buy' by Bank of America analysts who pointed to a “perform storm” for the chemicals producer amid a deteriorating macroeconomic backdrop, rising feedstock costs, and new trade barriers. They also reduced their price target to $28 from $44.
Dow Inc (NYSE:DOW) stock is under pressure this morning, down 4.6% at $27.56 before the bell following a rare double downgrade from Bank of America.
Over the weekend, Donald Trump announced that tariffs on electronics coming out of China would be exempt from the additional tariffs that had been announced during the previous week. This has the indices trying to sort things out.
JPMorgan's recent downgrades could signal more pain to come for the following trio of hard-hit stocks.