What to watch today: Dow to drop after 4.5% three-session losing streak

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What to watch today: Dow to drop after 4.5% three-session losing streak
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Dow futures drop Thursday, one day after blue chips extended their losing streak. Wednesday's drop sent the Nasdaq back into negative territory for the year.

for its latest quarter, wider than the 19 cents a share loss that Wall Street analysts were anticipating. The maker of teeth-straightening aligners saw its revenue miss estimates as well, and the company sees its kits businesses providing a larger percentage of revenue going forward compared to business in its SmileShops. came in 16 cents a share below estimates, with quarterly earnings of 50 cents per share. The restaurant chain's revenue beat Street forecasts. Comparable sales were down 4.

2%, and Jack In The Box also withdrew financial guidance as well as suspending its dividends and share buybacks. will not distribute its 2019 dividend that was due to be paid this year because of the impact of the coronavirus outbreak. Peugeot parent PSA Groupe is also suspending its dividend payout, and the two automakers said their merger plans are proceeding as scheduled.

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