Dow falls 250 points, S&P 500 slips from record
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Dow Futures fall as Trump unveils sweeping tariffs on Canada; Bitcoin surges, markets react, and tech continues to lead.
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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.
Stock futures are holding steady Thursday morning as investors keep close tabs on developments related to tariffs.
Shares of Dow Inc. took a dive Monday, after the chemical and plastics company said cost cuts are deepening, as it will close plants and lay off more people in response to continued weak demand. The announcement comes about three months after the company said it identified three plants in Europe that would require “action,
Wells Fargo analyst Michael Sison on Monday praised Dow’s (NYSE:DOW) decision to shutter three upstream assets in Europe, calling it a timely and disciplined follow-through on the company’s earlier European asset review.