New York, Jan 22, 2026, 07:32 EST — Premarket
- Dow shares trade just below $28.5 in early premarket following a strong rebound on Wednesday
- Tariff news is prompting investors to reassess cyclical and growth-sensitive stocks and their ripple effects
- Dow will release its quarterly earnings on Jan. 29
Shares of Dow Inc (NYSE: DOW) edged higher by roughly 0.5% in early trading Thursday, hitting $28.56. The stock had jumped 6.9% in the previous session, closing at $28.41. (Yahoo Finance)
The move is significant since the Dow serves as a key indicator of industrial demand. This week, the index has swung sharply as investors prepare for next week’s quarterly earnings and new policy announcements.
Risk appetite surged Wednesday following U.S. President Donald Trump’s announcement that he would hold off on tariffs previously threatened against European allies, boosting cyclical stocks. “What is the economic impact is whether we all start imposing tariffs on each other,” noted Jason Pride, chief of investment strategy and research at Glenmede. (Reuters)
Dow closed Wednesday at $28.41, rising from Tuesday’s $26.58, per the company’s investor relations page. (Dow)
During the previous session, the stock fluctuated between $26.75 and $28.55, with roughly 12.6 million shares changing hands, according to Investing.com data. Dow’s 52-week trading range sits around $20.40 to $42.17. (Investing)
Other chemical stocks climbed alongside the wider market. DuPont rose 2.6% on Wednesday, and Linde was up 1.4%, according to MarketWatch data. (MarketWatch)
Dow plans to hold its fourth-quarter earnings webcast on Jan. 29 at 8 a.m. ET, according to the company’s events calendar. (Dow)
Investors are tuned in for any updates on volumes and pricing in commodity plastics, watching closely to see if demand from construction, autos, and packaging sectors is picking up after a rocky start to the year.
Dow has been pushing to boost margins by trimming costs and adjusting its European footprint. “Our industry in Europe continues to face difficult market dynamics,” CEO Jim Fitterling said in a July statement when the company announced it would shut down three upstream assets in the region. (Dow)
But the setup works both ways. Dow’s earnings still hinge on feedstock cost swings and changes in industrial demand, and a new spike in trade tensions could swiftly shake confidence.
Traders are now focused on whether Wednesday’s rebound can carry through to today’s open and if policy news will continue to spark volatile swings in cyclical stocks.
Investors will be watching Dow’s January 29 results and outlook closely for fresh direction in the stock.
