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0.00030270008475592 0.000454050127133967 0.00099891027969483 0.000847560237316784 0.00314808088146271 0.00314808088146271 0.00314808088146271 0.00314808088146271
Stock impact report

US STOCKS-S&P 500 drifts near flat as earnings worries weigh [Reuters]

3M Company (MMM) 
Last 3m company earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.3m.com/overview/default.aspx
Company Research Source: Reuters
US STOCKS-S&P 500 drifts near flat as earnings worries weigh - Reuters 3 Min Read * 3M falls after RBC downgrade, weighs on industrials * BASF profit warning drags on U.S. chemical companies * Dow down 0.3%, S&P 500 off 0.09%, Nasdaq up 0.3% (Updates to late afternoon) By Caroline Valetkevitch NEW YORK, July 9 (Reuters) - U.S. stocks were near flat on Tuesday as gains in internet shares were offset by fresh warnings from companies about the impact of the U.S.-China trade dispute on earnings. In the latest indication of the trade war hurting businesses, German chemicals giant BASF forecast a 30% fall in its adjusted annual profit, and the S&P 500 chemical companies’ index fell 1.2%. Adding to the downbeat mood, RBC Capital Markets downgraded 3M Co to “sector perform,” citing macro pressures from China, auto and electronics sectors. The industrial conglomerate’s shares fell 2.4% and pulled the S&P industrial index down 0.5%. The second-quarter earnings season is expected to kick off nex Show less Read more
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