Dow Jones Industrial Average, Stock Market
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US stocks coast toward finish of a record-setting week
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Dow faces significant headwinds, tariffs, and weak global demand. Is it a good time to buy the dip after the dividend cut and disappointing Q2 earnings? See more on DOW here.
Dow Inc halved its dividend and forecast third-quarter revenue below analysts' expectations as the chemicals maker grapples with a prolonged industry downturn and tariff uncertainty, sending its shares down over 16% in early trading.
Las Vegas Sands earned an adjusted 79 cents a share in the second quarter, beating analysts’ estimates of 53 cents. Revenue of $3.18 billion topped consensus of $2.84 billion. Shares of the casino and resort operator were up 4.3%.
Stock futures were mixed on Thursday as investors processed renewed political pressure on the Federal Reserve after the White House confirmed President Trump's upcoming visit to the central bank, alongside initial jobless claims data that came in higher than anticipated.
MIDLAND, Mich., July 24, 2025 -- Dow (NYSE: DOW) today announced that its Board of Directors has declared a dividend of 35 cents per share. The adjustment in payout size reflects Dow's balanced capital allocation approach and enhances financial flexibility amidst a persistently challenging macroeconomic environment.
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Dow downgraded at Evercore ISI, saying the company's dividend cut "adds flexibility, but shifts focus to sustainability of the lackluster outlook and lack of visibility on recovery."
The Dow Jones Industrial Average (DJIA) rebounded on Friday, recovering its footing after a mild downturn during the previous session. Q2 earnings broadly beat the street this week, sending most major indexes into record highs, but the Dow Jones grappled with some downside in key overweight stocks, crimping the blue-chip average’s top line.