Here Are 3 Hot Things to Know About Stocks Right Now
- The Dow Jones Industrial Average ended lower as shares of 3M (MMM - Get Report) plunged following an earnings miss and after the company said it would cut 2,000 jobs.
- Shares of Microsoft (MSFT - Get Report) climbed after beating Wall Street's third-quarter earnings expectations.
- Comcast (CMCSA - Get Report) was rising Thursday after beating first quarter earnings estimates.
Wall Street Overview
Stocks ended mixed Thursday afternoon with the Dow and the S&P 500 both in retreat, while the Nasdaq turned positive. Dow component 3M (MMM - Get Report) fell sharply following an earnings miss and guidance cut.
The Dow Jones Industrial Average ended down 135 points, or 0.51%, to 26,462 after earlier trading as low as 26,310. The S&P 500 fell 0.04%, and the Nasdaq gained 0.21%.