S&P 500, Dow Jones Industrial Average and NASDAQ
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Dow shares were down 9.4% at $27.51 in premarket trading, while S&P 500 and Dow Jones Industrial Average futures were up 0.1% and down 0.4%, respectively. Before the cut, Dow stock yielded more than 9%. Based on the new payout and premarket price, the yield is about 5%.
In a move that rattled investors, Dow ( NYSE: DOW) cut its dividend. Chief Financial Officer Jeffrey Tate said the reduction reflects a broader effort to navigate a prolonged downturn and uncertain trade landscape, rather than a shift in its long-term earnings outlook.
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.
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%.
Wall Street eyes a steady open as Dow Futures rise, with tech gains, Fed policy, and earnings shaping investor sentiment.
Investor's Business Daily on MSN2h
Stock Market Today: Dow Extends Gains After Surprise Economic Data; Tesla Climbs Amid New Robotaxi Launch (Live Coverage)The Dow Jones index rose after surprise economic data. Tesla stock rallied on new plans to launch its robotaxi service.
The Dow Jones Industrial Average (DJIA) stumbled on Thursday, consolidating just below the 45,000 handle as earnings blunders drag down key overweighted stocks listed on the Dow Jones. Equities remain tilted firmly into the high side with all major indexes testing fresh record highs,
This might be the day Wall Street's left-behind stocks finally have their moment. Roughly 300 of the S&P 500's 503 stocks were trading higher on Wednesday morning, with the S&P 500 Equal Weighted Index surging 1.
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