Dow, NASDAQ and S&P 500
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US stock futures largely steady
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Dow's 17% plunge and 50% dividend cut reflect deep cyclical challenges, weak margins, and heavy debt. Click here to find out why DOW is a Hold.
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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.
Markets diverged sharply on Friday as U.S. indices edged higher while India’s stock market saw a steep selloff. Dow futures rose modestly after President Trump played down tensions with Fed Chair Jerome Powell,
Dow downgraded at Evercore ISI, saying the company's dividend cut "adds flexibility, but shifts focus to sustainability of the lackluster outlook and lack of visibility on recovery."
The S&P 500 and Nasdaq are also pointing up in premarket trading. Treasury yields are rising and Bitcoin is falling.
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,
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%.
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.