US equity benchmarks jumped on Monday as traders waited for earnings results of megacap technology companies later this week. A cooling of geopolitical tensions in the Middle East and a sharp sell-off in the oil markets also boosted sentiments on Monday.
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Monday.
Verizon, Dow, and Chevron are all well-known companies, but there are some caveats with each of these Dow Jones components.
U.S. stocks closed mixed Friday as Treasury yields pressed higher and investors weighed fresh economic data ahead of next week's jobs report.
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 1% on Friday.
The US Indices continue to see a major uptrend, but at this point in time, the market has seen a bit of trouble. The trend remains strong, and because of this, I believe that a “buy on the dips” strategy remains.
The US indices have all shown a bit of strength in the early hours of Friday, as the market continues to see a lot of questions asked about the global economy, as well as the growth trajectory. Keep in mind that we are in the midst of earnings season.
While the top- and bottom-line numbers for Dow Inc. (DOW) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Dow Inc. (NYSE:DOW ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Andrew Riker - IR, VP Jim Fitterling - Chair and CEO Jeff Tate - CFO Conference Call Participants Vincent Andrews - Morgan Stanley Hassan Ahmed - Alembic Global Richard Garchitorena - Wells Fargo Securities Jeff Zekauskas - JPMorgan Bhavesh Lodaya - BMO Capital Markets David Begleiter - Deutsche Bank Steve Byrne - Bank of America Josh Spector - UBS Chris Parkinson - Wolfe Research Patrick Cunningham - Citi Kevin McCarthy - Vertical Research Partners Frank Mitsch - Fermium Research John Roberts - Mizuho Mike Leithead - Barclays Duffy Fischer - Goldman Sachs Matthew Blair - TPF Aleksey Yefremov - KeyBanc Laurence Alexander - Jefferies Arun Viswanathan - RBC Capital Markets Operator Greetings, and welcome to the Dow Third Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.
Higher sales in the United States and Canada drive DOW's top line in the third quarter amid headwinds from an unplanned cracker outage in Texas.
The US indices in the early hours of Thursday look as if they are trying to recover, as the market is waiting for the PMI figures in America.
Dow Inc. (DOW) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.48 per share a year ago.