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.
The three major US indices all look bullish overall, but in the premarket Thursday session, we have seen a bit of sideways action. At this point though, the indices were all taking a breath as the markets had run quite far.
US stocks are anticipated to be slow out of the blocks on Thursday as earnings emerged from PepsiCo and Abbott Laboratories, with retail sales and manufacturing surveys due. Dow Jones futures were down 0.1% and those for the S&P 500 and Nasdaq 100 were flat.
US stock futures on Wednesday were pointing to a reversal of the previous day's moves. Dow Jones futures are up 0.2% and Nasdaq 100 futures are down 0.2%, with those for the S&P 500 just below flat.
US stocks are expected to remain on the back foot at the start of the week, though Bitcoin was a ray of positivity as further highs were reached. S&P 500 futures and those for the Dow Jones, Nasdaq 100 and Russell were all down 0.3%.
In the closing of the recent trading day, Dow Inc. (DOW) stood at $30.23, denoting a +1.31% move from the preceding trading day.
US stock futures were indicating a positive start on Wednesday as markets try to regain their footing amidst the ever-shifting sands of President Trump's trade policy. Dow Jones futures were up 0.25%, while S&P 500 and Nasdaq 100 futures are both up 0.2%.
DOW plans to shut three European upstream assets by 2027 to cut costs, boost margins and streamline operations.
If you're keen on following the Dogs of the Dow investing strategy, here are three stocks with a high-yield.
DOW's revenue could hit bottom in 2025 and rebounding, with volatility expected to subside as tariff uncertainties cool off. DOW offers an attractive near-10% dividend yield, but the payout ratio exceeds 200%, raising sustainability concerns for a dividend trap. Selling PUT options is a viable strategy for income or conservative entry, given recent price levels and upcoming ex-dividend date.
The three major US indices that I follow here at FX Empire all look a touch soft in the premarket, as the indices have been a bit overdone. At this point, the markets in general look bullish, but no market goes straight up in the air.
Chemicals company Dow will shut down three upstream plants in Europe and cut around 800 jobs in response to structural challenges in the region, it said on Monday.