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Stock impact report

Stocks Rebound Sharply on Trade Deal Optimism [Globe and Mail, The (Toronto, Canada)]

3M Company (MMM) 
Last 3m company earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.3m.com/overview/default.aspx
Stock indexes rallied sharply on Tuesday and recovered most of Monday's losses. Stocks found support Tuesday on trade deal optimism after US trade negotiators said they have made "significant progress" toward a bilateral trade deal with India following talks between Vice President Vance and Indian Prime Minister Modi. Stocks raced to their highs Tuesday on hopes of a thaw in the US-China trade war when Bloomberg News reported that Treasury Secretary Bessent told a closed-door investor summit that the tariff standoff with China is unsustainable and he expects the situation to de-escalate. Better-than-expected Q1 corporate earnings results also lifted stocks on Tuesday. Equifax rose more than +13% after reporting better-than-expected Q1 operating revenue. Also, 3M Co jumped more than +8% after reporting Q1 adjusted EPS continuing operations above consensus and maintaining its full-year earnings guidance. In addition, Danaher climbed more than +3% after reporting stronger-than-expected Show less Read more
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