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NYSE:ITW 16 May 2026

3M Stock Outperformed Dow Decline; Eyes on This Week’s Test

3M Stock Outperformed Dow Decline; Eyes on This Week’s Test

3M Co. shares edged higher Friday, closing up 0.76% at $146.22, and finished the week ahead even as the broader U.S. market dropped. The S&P 500 shed 1.2% and the Dow Jones Industrial Average fell 1.1%. U.S. cash equities are closed for the weekend, so Friday’s close is the last set price until trading picks up again on Monday. The New York Stock Exchange is open from 9:30 a.m. to 4 p.m. Eastern, Monday through Friday.
16 May 2026
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Stock Market Today

  • Crude Oil Prices Drop Sharply as Persian Gulf Supply Recovers and OPEC Tensions Rise
    June 29, 2026, 1:01 PM EDT. Crude oil prices fell sharply on Friday, with August WTI crude down 3.74% to a four-month low amid accelerated tanker traffic through the Strait of Hormuz boosting global supply. Persian Gulf crude exports climbed to at least 75% of pre-war levels, adding pressure on prices. Saudi Arabia's move to resume exports from Ras Tanura and Iraq's threat to quit OPEC over output quotas also weighed on the market. The International Energy Agency cut demand forecasts, while Goldman Sachs lowered Brent crude price outlook for Q4 to $80 a barrel. U.S. crude production estimates were raised by the Department of Energy. Offsetting some downside, Ukrainian drone attacks have disrupted Russian oil infrastructure, limiting Russian crude-processing rates to a 20-year low.
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