Dow Jones Falls 200 Points With 8 Key Earnings Movers; Microsoft Earnings Due

The Dow Jones Industrial Average fell 180 points Tuesday as J&J and Verizon reported earnings. Microsoft earnings are due out after the stock market close. Read More...


3M Stock Slumps On Q4 Earnings Miss, Grim 2023 Profit Outlook

3M Co. shares slumped lower Tuesday after the industrial group posted weaker-than-expected fourth quarter earnings, while unveiling 2,500 job cuts, while warning of ‘persistent’ global economic challenges. 3M said adjusted profits for the three months ending in December were pegged at $2.28 per share, 7% from the same period last year and 8 cents shy of the Street consensus forecast. Group revenues, 3M said, fell 5.8% to $8.1 billion, just ahaed of analysts’ forecasts of an $8.04 billion tally.

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