Dow Stuns Wall Street: Massive Cost Cuts Turn Expected Loss Into Surprise Win Amid Global Slowdown

Dow Stuns Wall Street: Massive Cost Cuts Turn Expected Loss Into Surprise Win Amid Global Slowdown

Dow reported a smaller-than-expected quarterly loss after slashing costs and ramping up new U.S. production capacity. The chemical giant says global demand remains weak, but its American expansion is setting it up for a major rebound.