News Formal

Dow Earnings Show the Economy Isn't Great, but Not Getting Worse

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Chemical firm Dow's third-quarter earnings beat estimates, as product volumes slipped from a year ago.

Commodity chemical firm Dow has a message on the economy. Things aren’t great, but they aren’t getting worse.

In the year-ago quarter, Dow reported earnings per share of $1.11 on sales of $14.1 billion. The drop in the latest quarter reflect a change in energy prices. Oil and natural gas are inputs for Dow’s products. They also reflect a change in the economy. Product volumes were down 6% year over year. Newsletter Sign-up Dow stock is up 2.6% in premarket trading Tuesday, while S&P 500 and Dow Jones Industrial Average futures are up 0.5% and 0.3%, respectively. Coming into Tuesday trading, shares are up about 3% over the past 12 months, lagging behind the S&P 500 by about eight percentage points.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow futures slump as yields soar; major tech earnings in focusDow futures slump as yields soar; major tech earnings in focus
Source: Investingcom - 🏆 450. / 53 Read more »

Dow futures lift, major tech earnings in focusDow futures lift, major tech earnings in focus
Source: Investingcom - 🏆 450. / 53 Read more »

Dow Jones, Nasdaq, S&P 500 weekly preview: Testing key support ahead of Big Tech earningsDow Jones, Nasdaq, S&P 500 weekly preview: Testing key support ahead of Big Tech earnings
Source: Investingcom - 🏆 450. / 53 Read more »

Dow Jones, Nasdaq, S&P 500 weekly preview: Testing key support ahead of Big Tech earningsDow Jones, Nasdaq, S&P 500 weekly preview: Testing key support ahead of Big Tech earnings
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Dow falls as energy stocks weigh; big tech earnings eyedStock Market Today: Dow falls as energy stocks weigh; big tech earnings eyed
Source: Investingcom - 🏆 450. / 53 Read more »

Dow futures lift, Alphabet and Microsoft earnings in focusDow futures lift, Alphabet and Microsoft earnings in focus
Source: Investingcom - 🏆 450. / 53 Read more »