Dow Forecasts Stronger Core Earnings Despite Rising Regional Instability

Dow Inc., an American multinational chemical corporation, has forecasted core earnings of about $1.75 billion for the current quarter, slightly above analysts' expectations.

The company's shares fell 1.3% in intraday trading due to concerns over rising regional instability and its potential impact on supply chains.

A slowdown in transit through the Strait of Hormuz has led to tighter supplies of oil and petrochemical feedstocks, resulting in higher prices for plastics and polymers worldwide.