S&P 500 Gains Over 1%; 3M Shares Jump After Q2 Results

Benzinga · 02:33

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining more than 1% on Friday.

The Dow traded up 1.66% to 40,598.17 while the NASDAQ rose 1.07% to 17,365.04. The S&P 500 also rose, gaining, 1.17% to 5,462.66.

Leading and Lagging Sectors

Industrials shares jumped by 2% on Wednesday.

In trading on Wednesday, energy shares rose by just 0.6%.

Top Headline

3M Company(NYSE:MMM) shares jumped around 21% on Friday after the company posted better-than-expected second-quarter financial results and raised its FY24 EPS outlook.

The company reported second-quarter net sales of $6.255 billion, a slight decline of 0.5% year-over-year. Adjusted net sales...

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S&P 500 Gains Over 1%; 3M Shares Jump After Q2 Results

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