Major stock indexes were mixed in late trading Thursday as investors reacted to a flurry of earnings reports from major companies, notably tech giants Tesla and Alphabet, and awaited new developments related to tariffs.

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.

A messy session for the stock market on Thursday ended with closing highs for the S&P 500 and Nasdaq. The Dow Jones Industrial Average wasn’t so lucky. The Dow fell 312 points, or 0.7%. The S&P 500 rose 0.

Chemical maker Dow, grappling with a prolonged industry downturn, has halved its rich dividend. Dow on Thursday said its board slashed the quarterly payout to 35 cents from 70 cents. The new dividend, equal to $1.40 a year, represents an annual yield of about 4.61% based on Wednesday's closing price of $30.37, down from 9.22%.

The Dow Jones Industrial Average (DJIA) stumbled on Thursday, consolidating just below the 45,000 handle as earnings blunders drag down key overweighted stocks listed on the Dow Jones. Equities remain tilted firmly into the high side with all major indexes testing fresh record highs,

Dow Jones gains on strong healthcare and financials while Nasdaq drops as tech stocks retreat, signaling sector rotation in US indices today.

Donald Trump has followed through on his threat to sue Rupert Murdoch and his media companies over the Wall Street Journal‘s report on a bawdy letter in his name that was included in an album given to Jeffrey Epstein for his 50th birthday in 2003.

Six of the official GICS sectors were in the green, led by communications services, technology and energy stocks.

The Dow Jones (DJIA) is in negative territory despite a better-than-expected jobs report and ahead of President Trump’s visit to the Fed