Morning Movers: Dow Inc. falls following Q2 report and dividend cut

Stock market futures are mixed as investors weigh fresh earnings from Alphabet and Tesla, alongside continued developments in global trade talks. Markets remain upbeat on trade despite pockets of uncertainty. Optimism around a U.S.-EU trade deal is building, especially after the earlier U.S.-Japan pact, bolstering risk appetite even as EU deterrent tariffs remain on the table.

Commodities show mixed signals; Brent crude is up nearly 1%, gold has pulled back as risk sentiment improves, while bitcoin remains stable at around $118,000.

Retail‑level trading activity also stands out. Meme‑style stock surges, including moves in Kohl’s and Opendoor, highlight persistent froth among retail investors.

In pre-market trading, S&P 500 futures rose 0.09%, Nasdaq futures rose 0.28% and Dow futures fell 0.53%

Check out this morning’s top movers from around Wall Street, compiled by The Fly and subscribe to the daily Fly By on YouTube.

UP AFTER EARNINGS –

• Tractor Supply (TSCO) up 4%
• Blackstone (BX) up 3%
• Labcorp (LH) up 3%
• TransUnion (TRU) up 3%
• L3Harris Technologies LHX) up 1%
• Keurig Dr Pepper (KDP) up 1%
• T-Mobile (TMUS) up 4%
• Alphabet (GOOGL) up 3%

DOWN AFTER EARNINGS –

• Dow Inc. (DOW) down 10%
• Honeywell (HON) down 3%
• Textron (TXT) down 1%
• Union Pacific (UNP) down 1%
• Chipotle (CMG) down 12%
• Tesla (TSLA) down 6%
• IBM (IBM) down 6%
• Southwest (LUV) down 3%

LOWER –

• UnitedHealth (UNH) down 3% after disclosing that the company proactively reached out to the Department of Justice after reviewing media reports about investigations into certain aspects of the company’s participation in the Medicare program