This was the stock's second consecutive day of losses.

US stock market today opened slightly lower as Dow, S&P 500, and Nasdaq futures paused after a powerful tech rally led by Nvidia, which just hit a historic $4 trillion market value. Meanwhile, President Trumps new tariff threats—including a proposed 50% import tax on Brazil and extra tariffs on BRICS nations—are now in focus.

Stocks closed lower Friday, a day after the S&P 500 posted a new record high, following the announcement of a 35% tariff on Canada.

The Dow is fertile ground for those seeking dividend income. It holds several higher-yielding dividend stocks with an excellent track record of increasing their payouts. One that stands out for income seekers this July is Chevron ( CVX 0.34%). Here's why it's a great Dow stock to buy this month for passive income.

This was the stock's second consecutive day of losses.