U.S. stocks fell across the board as investors digest mixed earnings from the likes of 3M Johnson & Johnson and General Electric.
Over the last five days, the Dow is now down around 2.33%, the S&P remains up around 0.16%, and the tech-heavy Nasdaq is now roughly 2.42% higher during the same time.
In commodities, West Texas Intermediate crude futures spiked 0.55% to $82.07 a barrel, as gold added 0.48% to $1,937.80 an ounce.
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3M, the maker of Post It Notes and Scotch Tape, will cut 2,500 workers citing macroeconomic challenges CEO Mike Roman announced.
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After bungling Taylor Swift’s splashy tour, the online ticket sellers have some explaining to do before Congress.
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The new year is also bringing big tax changes to both small and large businesses.
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Source: https://www.foxbusiness.com/live-news/stock-market-news-today-january-24-2023