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,
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Investors continued piling into risk assets while shrugging off worries around the latest in trade developments.
Stocks closed down significantly on Monday after President Donald Trump announced steep tariffs on Japan, South Korea and other nations, set to take effect on Aug. 1.
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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The Dow Jones Industrial Average is climbing Wednesday afternoon with shares of Boeing and Merck seeing positive momentum for the price-weighted average. The Dow is trading 227 points (0.5%) higher, as shares of Boeing and Merck are contributing to the index's intraday rally.
Dow announces strategic shutdown of three European facilities, impacting 800 jobs and optimizing regional chemical manufacturing capacity in a major restructuring effort.
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.
The Dow Jones Industrial Average is falling Friday morning with shares of Nike and Sherwin-Williams Co. delivering the stiffest headwinds for the price-weighted average. The Dow was most recently trading 335 points (0.