Dow Jones Industrial Average, Stock Market
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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.
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Investor's Business Daily on MSNStock Market Today: Dow, S&P Climb On Trump-China Deal Hopes; Cathie Wood Loads Up On Tesla Stock (Live Coverage)The Dow Jones index rose after surprise economic data. Tesla stock rallied on new plans to launch its robotaxi service.
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%.
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.
The S&P 500 and Nasdaq traded near all-time highs at midday as a strong earnings report from Alphabet lifted big tech stocks.
Dow Inc. (NYSE: DOW) reported a larger-than-expected loss in Q2 and cut its dividend in half due to macroeconomic pressure and trade disruptions.
Trump’s tariffs and recent trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
NASDAQ climbed above the resistance at 23,150 – 23,200 and is heading towards the 23,500 level. A move above 23,500 will push NASDAQ towards the 24,000 level. Dow Jones gained ground amid strong demand for industrials and financial stocks. The index received support at 44,600 – 44,700 and is trying to settle above the 44,900 level.