3M reported disappointing earnings Thursday, sending the Dow down. The S&P 500 closed flat, with gains in the health care and communications sectors offsetting a drop in industrials.
The Dow Jones Industrial Average dropped on Thursday as a sharp decline in 3M shares dragged the 30-stock index.
The S&P 500 and Nasdaq Composite fared better than the Dow, as Facebook and Microsoft jumped on strong quarterly numbers. Amazon and Starbucks were among the companies that reported after the bell Thursday, along with Dow member Intel.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow futures losses deepen after 3M Co. says it will cut 2,000 jobsLosses for Dow Jones Industrial Average futures sharpened Thursday morning after industrial giant 3M Co. reported quarterly results that were weaker than...
Read more »
Dow on track for triple-digit loss after worse-than-expected 3M earningsStocks struggled for direction at the opening bell as the tech-sector's gains led the Nasdaq higher even as disappointing earnings from 3M Co. dragged the...
Read more »
3M cuts 2019 profit outlook on weak China, shares fall 11 percentShares of 3M Co fell 11 percent on Thursday after the U.S. manufacturing conglom...
Read more »
3M, the company that makes Scotch tape, is cutting 2,000 jobs3M, the company that makes Post-It notes and Scotch tape, is cutting 2,000 jobs around the world
Read more »
3M Plans to Cut 2,000 Jobs as Its Sales Fall3M said it would cut 2,000 jobs and restructure its sprawling business after demand for its tapes and adhesives fell in China and other important markets.
Read more »
Stocks making the biggest moves midday: 3M, UPS, Microsoft & moreThese are the stocks posting the largest moves midday Thursday.
Read more »
3M to cut 2,000 jobs globally, slashes its 2019 profit outlook3M on Thursday reported earnings and revenue that badly missed analysts' expectations and cut its full-year forecast.
Read more »
3M’s shares on verge of worst day since 1987 stock-market crashShares of 3M Co. plunge toward biggest one-day decline in over 30 years, after the industrial, health care and consumer products company reported missed...
Read more »
As air bag probe expands to include 12.3M vehicles, is your car one of them?Air bags that may not inflate can be found in vehicles made by Toyota, Honda, Kia, Hyundai, Mitsubishi, and Fiat Chrysler from 2010-2019.
Read more »
US expands probe into air bag failures to 12.3M vehiclesDETROIT (AP) — U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles because the bags may not inflate in a...
Read more »