3M (MMM) Shares Rose $1.1 Billion on Friday as Expectations for Earnings Moved Higher

3M Company tacked on about $1.1 billion in market value Friday as shares climbed $2.18, or 1.4%, to close at $157.52 after New York filed another lawsuit targeting “forever chemicals.” But U.S. markets are shut for the weekend and the bounce looks muted: shares fell 1.8% on the week, with 1.94 million MMM shares trading on Friday, just 51% of the 65-day average.

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Dow Jones Today: Why the Dow Is Rising as Oil Falls and Earnings Take Over

Dow Jones Today: Why the Dow Is Rising as Oil Falls and Earnings Take Over

Stocks rebounded Tuesday, with the Dow Jones Industrial Average clawing back some ground lost in Monday’s slide. The Dow added 265.17 points, or 0.54%, pushing it to 49,207.07, according to Reuters market data. The S&P 500 advanced 0.80%, and the Nasdaq Composite notched a 0.93% gain. Brent crude slumped 3.47% to $110.47, easing pressure from earlier oil spikes.