Earnings reporters are more than 50 points off the Dow’s price

The four Dow Jones Industrial Average DJIA components that reported earnings Tuesday are accounting for more than a third of the Dow’s projected declines ahead of the open. Among Dow components that reported, shares of 3M Co. MMM shed 4.9% to lead the decliners, with the implied price decline representing about a 38-point reduction in the Dow’s price. Verizon Communications Inc.’s stock VZ followed with a 2.2% drop, and a 6-point cut in the Dow’s price.

The four Dow Jones Industrial Average DJIA components that reported earnings Tuesday are accounting for more than a third of the Dow’s projected declines ahead of the open. Among Dow components that reported, shares of 3M Co. MMM shed 4.9% to lead the decliners, with the implied price decline representing about a 38-point reduction in the Dow’s price. Verizon Communications Inc.’s stock VZ followed with a 2.2% drop, and a 6-point cut in the Dow’s price.

Earnings bad so far

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow futures tick lower as investors brace for tech earnings By Investing.com*U.S. STOCK FUTURES EDGE LOWER TO START THE WEEK AS INVESTORS BRACE FOR TECH EARNINGS $DIA $SPY $QQQ 🇺🇸 🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »

Earnings Watch: Microsoft, Tesla and Intel are about to face the doubtersTesla, Intel and Microsoft face bigger questions about the path forward, after their shares took a beating last year. $TSLA Boycott Tesla Worry is like fog. It only blurs your vision NOT your DREAM.
Source: MarketWatch - 🏆 3. / 97 Read more »

Tesla, Microsoft, Boeing earnings, along with GDP top week aheadApple's new macbook, as well as earnings from Visa, Mastercard, and American Express and most major airlines including JetBlue and Southwest headline a busy week.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Indian shares set to open higher; key earnings to provide directionIndian stocks were poised to open higher on Monday, tracking a Wall Street rally in the previous session, with shares also taking cues from the earnings of heavyweights such as Reliance.
Source: Reuters - 🏆 2. / 97 Read more »

Analysis: Europe Inc earnings season a test for market optimismEurope's upcoming corporate earnings season is likely to show whether the renewed optimism about the economy that has buoyed equities in recent weeks is grounded in reality.
Source: Reuters - 🏆 2. / 97 Read more »