Before Sunday, the Dow had already earned a net increase for the year and was on its course to guarantee dividends for the strong majority of investors. As of now, the Dow has fallen for the past 5 days, totalling 500 points in net losses. Economists were taken aback by the sudden financial swing of the domestic market, leaving many questioning it's origin. Some blame Coca-Cola, a front-runner of the Dow portfolio. Recently, their profit margins decreased with the lowering in price of such products as "Diet Coke". Verizon, however, was able to report stronger returns for this quarter, making it's stock increase by 2%. This was not the case for most, unfortunately, as most earning reports looked bleak. Estimations of a coming market increase aren't satisfying any current investors. Most already find selling their stock to be a more comfortable option, leaving room for the Dow to drop even further.
Original Story: http://money.cnn.com/2018/04/24/investing/dow-stocks-3m-caterpillar/index.html
excuse me
ReplyDelete