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Dow Skids as Stock Pumpers Fail to Duct-Tape Over 3M’s Earnings Mayhem

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By CCN: The Dow lagged the broader U.S. stock market on Thursday after industrial conglomerate 3M Co (MMM) reported disappointing quarterly financial results, underscoring a dismal outlook facing the global economy. Dow Lags Its Stock Market Peers After falling 187 points, the Dow Jones Industrial Average would pare losses to settle down 134.97 points, or 0.5%, at 26,462.08. The blue-chip index opened sharply lower, reflecting a volatile pre-market for Dow futures. The broad S&P 500 Index of large-cap stocks reversed gains to settle at 2,926.17, where it was down less than 0.1%. Five of 11 primary sectors reported declines, with

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* First published on ccn.com

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