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.
The US indices that I cover all look somewhat choppy and sideways, perhaps there is a lot of exhaustion out there, as we try to figure out where to go next in these turbulent times.
As the threat of a U.S. trade war with China continues to send markets tumbling, the headlines have been chock-full of stock market lingo. Now, analysts are saying the S&P 500 Index is on the precipice of bear market territory.
Market Domination anchors Julie Hyman and Josh Lipton break down President Trump's tariff pause announcement, which caused markets to surge on April 9, 2025. Other stories include bond markets retreating as rising trade tensions sparked a sell-off, Trump increasing tariffs to 125% on China, plus how tariff uncertainty has posed challenges for CEOs of global companies.
The early hours of Tuesday look as if they are showing a bit of “base building” by US equities traders. At this point in time, the market is probably exhausted from all of the selling.