The S&P 500 is set to score a record finish every day of this past week while the Dow has yet to return to record territory in 2025.

Dow shares fell 17.5% to $25.07 on Thursday, while the S&P 500 gained 0.1% and the Dow Jones Industrial Average fell 0.7%. The cut also hit shares of chemical-making peer LyondellBasel, whose stock fell 9.7% to $60.70.

Dow Inc. (NYSE:DOW) -1% in Friday's trading, extending the stock's two-day decline to nearly 20% and within $0.05/share of its 52-week low, after reporting a sharp Q2 loss, deteriorating margins and a surprise dividend cut.

Follow the action in markets to close the week in what's been a record-setting time.

Dow Inc. shares slumped after the chemical company reported its first quarterly loss in five years as trade and tariff uncertainties weighed on volumes.

In a move that rattled investors, Dow ( NYSE: DOW) cut its dividend. Chief Financial Officer Jeffrey Tate said the reduction reflects a broader effort to navigate a prolonged downturn and uncertain trade landscape, rather than a shift in its long-term earnings outlook.

Dow swung to a loss in the second quarter after sales declined and halved its dividend to 35 cents from 70 cents.

MIDLAND, Mich., July 24, 2025 -- Dow (NYSE: DOW) today announced that its Board of Directors has declared a dividend of 35 cents per share. The adjustment in payout size reflects Dow's balanced capital allocation approach and enhances financial flexibility amidst a persistently challenging macroeconomic environment.

Dow Inc. (NYSE: DOW) reported a larger-than-expected loss in Q2 and cut its dividend in half due to macroeconomic pressure and trade disruptions.

Science Officially Confirmed That The 10,000 Steps Rule Is Outdated. Here's The New Number To Target. New Photos Show How President Trump Paved Over the White House Rose Garden