Dow Tumbles 200 Points; ZIM Integrated Shipping Services Posts Upbeat Earnings
1. ZIM reported Q1 earnings of $2.45 per share, exceeding expectations. 2. Quarterly sales were $2.01 billion, higher than the $1.85 billion forecast. 3. U.S. stocks fell overall, but ZIM delivered strong earnings. 4. Market sentiment is cautious, with negative movement in major indices. 5. Energy stocks dipped by 2.2%, indicating sector instability.