These 2 Dow Stocks Could Face a Tough Time Ahead
The Dow Jones Industrial Average (DJINDICES: ^DJI) has been an interesting market to follow in recent years. The venerable market benchmark didn't see the sharp gains that other, more tech-heavy indexes enjoyed during late 2020 and 2021, but the Dow didn't lose as much ground in the bear market of 2022 either. As a result, the Dow isn't that far below its all-time record high, and some bullish investors are optimistic that the average could reach new heights in the not-too-distant future.
However, some Dow components haven't been carrying their weight lately. Both Walt Disney (NYSE: DIS) and Intel (NASDAQ: INTC) have gone through more than their fair share of struggles, and the most recent news from the two companies had investors wondering what the future will bring. Here's what Disney and Intel are saying about their businesses and how investors are reacting.
Shares of Disney dropped almost 4% on Tuesday. They were set for a modest bounce on Wednesday morning, but the stock is down almost 10% on the year even with the Dow having seen gains.
Source Fool.com