|Day's Range||26,310.28 - 26,536.48|
|52 Week Range||21,712.53 - 26,951.81|
The Dow ended lower Thursday as manufacturing giant 3M shares slumped on the heels of disappointing quarterly earnings and guidance. However, advances in tech shares helped keep the Nasdaq in the green, and losses less pronounced in the S&P 500.
3M stock rang up its biggest one-day decline in over 30 years, after the company missed profit and revenue expectations, slashed its full-year outlook, and said it was cutting 2,000 jobs.
Major U.S. stock indexes ended mostly lower Thursday, dragged down by losses in several industrial companies. 3M, which makes Post-it notes and other products, plunged after announcing weak results and ...
The S&P 500 closed just barely lower on Thursday, as a dive in industrial stocks and concerns about slowing global growth eclipsed gains in Facebook and Microsoft. The industrials sector fell 1.99% with hefty drags from 3M, United Parcel Service Inc and Raytheon Co after they reported disappointing results. Fedex Corp also slumped after UPS's profit miss.
U.S. stock indexes finished mostly lower Thursday as disappointing earnings reports from several industrial sector companies weighed on the market, offsetting strong results from Facebook, Microsoft and others.
U.S. stock indexes were mixed on Thursday, and so were the earnings reports. Industrial stocks were under pressure after disappointing earnings, as (MMM) (ticker: MMM) dragged theDow Jones Industrial Average into the red. U.S. stocks saw some good and bad news amid many earnings reports on Thursday, which had different effects on the three major indexes.
Jeremy Grantham, an investor credited with calling the 2000 and 2008 downturns, told CNBC on Thursday that investors should get inured to lackluster returns in the stock market for the next two decades, after a century of handsome gains.
U.S. stocks close mostly lower Thursday as manufacturing-related sectors logged big losses, offsetting a rally in social-media shares.
The dollar rose to almost a two-year high against the euro on Thursday on an upbeat U.S. capital goods report, while world equities slid as weak economic data from South Korea and a profit warning from 3M Co renewed concerns about global growth. New orders for U.S.-made capital goods increased by the most in eight months in March, which combined with worries about the economic health of the euro zone knocked the single currency to its lowest against the greenback since May 2017. "The dollar is benefiting from strong domestic data, weak data abroad and a slew of dovish central bank meetings," said John Doyle, vice president of dealing and trading at Tempus Inc in Washington.
The latest on developments in financial markets (all times local): 4 p.m. Major U.S. stock indexes ended mostly lower on Wall Street, dragged down by losses in several industrial companies. 3M, which makes ...
Shares of 3M Co. ring up the biggest one-day decline in over 30 years, after the industrial, health-care and consumer products company missed profit and revenue expectations, slashed its full-year outlook, and said it was cutting 2,000 jobs.
Disney looks set to break more box office records when its "Avengers: Endgame" Marvel superhero movie opens this weekend. Meanwhile, shares hit fresh highs on reports the company is in talks to take full ownership of Hulu.
Stocks saw a mixed finish Thursday, with the Dow Jones Industrial Average falling triple digits as shares of 3M Co. were routed following disappointing quarterly results. The S&P 500 lost around 1 point to end near 2,926, virtually flat on the day, according to preliminary figures, while the Nasdaq Composite rose around 17 points, or 0.2%, to end near 8,119. Stocks were underpinned by a strong performance by tech heavyweights following first quarter results, with Facebook Inc. rising 5.8% and Microsoft Corp. advancing 3.3%. The Dow ended around 135 points lower near 26,462, a loss of 0.5%, reflecting in part a nearly 13% tumble by 3M.
The S&P 500 ended Thursday's session slightly lower as a dive in industrials stocks and concerns about slowing global growth overshadowed gains in Facebook Inc and Microsoft Corp. The Dow Jones Industrial ...
Ex-Vice President Joe Biden announced on Thursday that he is seeking the Democratic presidential nomination in 2020, and while, many hoping for a contender to hoping to unseat President Donald Trump may cheer, at least one Wall Street investor believes the development spells bad news for the stock market.
Only about 1% of the 30 million or so people who contribute to their Fidelity retirement account have managed to save at least $1 million. The average 401(k) balance hovers around the $100,000 mark. So, it must be near impossible for regular folks to reach seven-figures heading into those golden years, right? The numbers suggest otherwise.
The Dow Jones Industrial Average tumbled but regained some lost territory after 3M missed earnings and revenue estimates. Other indexes mostly rose.
Tesla Inc.’s first-quarter earnings and accompanying call with analysts was “one of (the) top debacles we have ever seen,” according to one longtime Tesla bull, who said Thursday he was throwing in the white towel and dropping his buy rating on the stock.
Jeremy Grantham, the acclaimed investor credited with predicting the 2000 and 2008 downturns, says that investors should get inured to lackluster returns.