2 Penny Stocks That Could Triple

3M's earnings report is weighing on the Dow

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Midday Market Check
 
 

10/24/2019

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Dow Dips Amid Earnings Deluge

By Patrick Martin

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The Dow Jones Industrial Average (DJI) is lower at midday, but has pared a triple-digit deficit at its session lows, as a dismal earnings report from 3M (MMM) offsets well-received quarterly reports from Microsoft (MSFT) and Dow Inc (DOW). The S&P 500 Index (SPX) is sitting just above breakeven, while the Nasdaq Composite (IXIC) is confidently higher, propped up by Tesla's (TSLA) quest for the $300 level. Elsewhere, investors are digesting a 1.1% drop in durable goods orders for September, its steepest drop in four months, though the weak economic data is bolstering expectations for another Fed rate cut next week. 

 Continue reading for more on today's market, including:

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