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.