Dow Slips
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The Dow Jones Industrial Average remained lower Friday afternoon, while the Nasdaq Composite flipped green. Traders were practicing caution amid concerns over potential further tariff announcements during the weekend,
Investors continued piling into risk assets while shrugging off worries around the latest in trade developments.
Verizon has the lowest share price among the Dow's 30 components -- and that's a dangerous place to be in a share price-weighted index.
Dow will shut down three upstream plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said on Monday, sending its shares down 2.5% in morning trade.
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U.S. stock indexes were headed for weekly losses on Friday as investors tried to gauge whether President Donald Trump's wave of new tariffs will stick after his new Aug. 1 deadline for trade deals. The Dow Jones Industrial Average was off 1% for the week,
The S&P 500 has outpaced the Dow Jones Industrial Average despite President Trump's rejection of exceptions to the Aug. 1 date he set to launch his latest tariffs. Meanwhile, the Nasdaq has had a day in the green.
Dow announces strategic shutdown of three European facilities, impacting 800 jobs and optimizing regional chemical manufacturing capacity in a major restructuring effort.
The stock market pulled back from record levels during a sleepy Friday session, as a gauntlet of key earnings and inflation reports loomed. The Dow Jones Industrial Average dropped 279 points, or 0.6%.