Dow Jones Plunges 10.44% on Earnings Miss, Jobless Claims Fears

On July 24, 2025, the Dow Jones Industrial Average experienced a significant drop of 10.44% in pre-market trading, reflecting a tumultuous start to the day's session.

Dow's second-quarter earnings report revealed a revenue decline of 7% year-over-year, falling short of the consensus estimate of $10.24 billion. This downturn was attributed to lower prices and volumes across all segments, indicating broader market challenges.

The company's shares plummeted by 8.3% in premarket trading following the announcement of a substantial second-quarter loss and deteriorating margins. This financial setback underscored the company's struggles in maintaining profitability amidst a challenging economic environment.

In addition to the earnings miss, the broader market sentiment was influenced by the anticipation of weekly jobless claims data, which added to the overall market volatility. The Dow Jones Industrial Average futures also faced pressure due to post-earnings declines in key components, further exacerbating the negative sentiment.