Dow faces significant headwinds, tariffs, and weak global demand. Is it a good time to buy the dip after the dividend cut and disappointing Q2 earnings? See more on DOW here.

Las Vegas Sands earned an adjusted 79 cents a share in the second quarter, beating analysts’ estimates of 53 cents. Revenue of $3.18 billion topped consensus of $2.84 billion. Shares of the casino and resort operator were up 4.3%.

Investors held onto hopes that the U.S. and Japan’s trade agreement could lead to a tariff breakthrough with other countries, and pushed the S&P 500 and Nasdaq Composite to fresh record highs.

Stock futures were mixed on Thursday as investors processed renewed political pressure on the Federal Reserve after the White House confirmed President Trump's upcoming visit to the central bank, alongside initial jobless claims data that came in higher than anticipated.

Edwards Lifesciences rose 5.5% after likewise topping Wall Street’s expectations for profit in the latest quarter. It said it saw strength across all its product groups, and it expects profit for the full year to come in at the high end of the forecasted range it had given earlier.

Dow Inc halved its dividend and forecast third-quarter revenue below analysts' expectations as the chemicals maker grapples with a prolonged industry downturn and tariff uncertainty, sending its shares down over 16% in early trading.

The S&P 500 and Nasdaq traded near all-time highs at midday as a strong earnings report from Alphabet lifted big tech stocks.

Trump’s tariffs and recent trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Dow downgraded at Evercore ISI, saying the company's dividend cut "adds flexibility, but shifts focus to sustainability of the lackluster outlook and lack of visibility on recovery."