Appleton Tornado’s Impact on U.S. Stocks Linked More to Repair Expenses Than to Sales Losses

The tornado near Appleton is not expected to have a significant impact on the wider U.S. market on Tuesday. Corporate interruptions are contained to the local area, and a manufacturer anticipates returning to standard production within a day.

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

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.