U.S. Stocks Decline Amid Mixed Earnings Reports and Commodity Price Surge
U.S. stocks faced a downward trend in the latest trading session, with the Nasdaq Composite declining by 50 points. Despite this, 3M Company reported strong third-quarter earnings, exceeding expectations. Notable stock movements included iRhythm Technologies surging 20% after FDA clearance, while Genuine Parts Company dropped 20% due to mixed results. The commodities market saw crude oil prices rise by 2.8%. Investors remain focused on market trends and upcoming earnings reports.
Stocks making significant premarket moves: Coinbase, TKO Group, United Airlines, D.R. Horton
Stocks making the biggest moves premarket: Coinbase, TKO Group, United Airlines, D.R. Horton and more As the premarket trading session kicks off, several stocks are already making significant moves. Among the notable companies in focus are Coinbase, TKO Group, United…
3M to pay $253 million to U.S. military service members and veterans in earplug settlement
3M, a conglomerate, is sending $253 million in payments to over 30,000 U.S. military service members and veterans as part of a $6 billion settlement over earplugs that allegedly caused hearing loss. The company announced that the payouts will be…