Disney Leads Dow Movers, Boeing Falls

Walt Disney leads the Dow Jones Industrial Average in early trading, up 2.0% year to date at a 6.8% gain. Boeing is the worst performer, down 0.5% with a 24.8% gain year to date. Coca-Cola and Microsoft also move, with Coca-Cola down 0.4% and Microsoft up 1.7%.

In early trading on July 2, 2025, the Dow Jones Industrial Average (DJIA) exhibited mixed performance, with Walt Disney leading the pack while Boeing lagged behind. Walt Disney's shares rose by 2.4%, contributing significantly to the index's intraday rally [1]. Meanwhile, Boeing's stock dipped by 0.5%, marking a notable contrast to its year-to-date gain of 24.8% [2].

Microsoft also made headlines with a 1.7% increase in its shares, while Coca-Cola experienced a 0.4% decline. The overall performance of the DJIA was bolstered by the positive momentum of Walt Disney and Microsoft, which combined for an approximately 83-point boost for the index [1]. Other components contributing to the gain include NVIDIA and Goldman Sachs [1].

Boeing's recent earnings report highlighted significant improvements in its second-quarter performance, including a 35% increase in revenue to $22.7 billion and a $176 million loss from operations, down from a $1.1 billion loss in the year-ago quarter [2]. The company's management expects positive free cash flow by the fourth quarter, with a backlog of $619 billion in airplane orders [2].

Caterpillar, which is part of the industrial sector, saw its shares increase by 12.8% during July, making it the top gainer among the Dow components [3]. This performance was attributed to positive reactions to recent tariff agreements, which imposed less severe levies than previously discussed by the Trump administration [3].

The DJIA's technical analysis indicates a minor pullback, but bullish elements are evident, particularly in Caterpillar's post-earnings price actions [4]. The index has not yet broken above its current all-time high, suggesting a cautious approach to the market's recent performance.

References:
[1] https://www.marketwatch.com/data-news/walt-disney-microsoft-share-gains-contribute-to-dow-s-338-point-jump-4fb4d2dc-22d0f88e9a9a
[2] https://www.theglobeandmail.com/investing/markets/markets-news/Motley%20Fool/33854184/the-biggest-takeaways-from-boeing-s-q2-earnings-report/
[3] https://finance.yahoo.com/news/were-2-best-performing-stocks-121300722.html
[4] https://www.marketpulse.com/markets/dow-jones-technical-minor-pull-back-found-support-with-bullish-elements-sighted-in-caterpillar/