NEW YORK (awp international) – After sharp losses the previous day, US stock markets are unlikely to make big jumps as Tuesday opens. Three-quarters of an hour before trading began, brokerage IG valued the major Dow Jones Industrial index up 0.1% to 32,786 points and the tech-heavy Nasdaq 100 up about 0.3% higher. red at 11,050 points.
Trading is likely to be calm, with investors paying close attention to future energy price developments and global geopolitical developments, he said. The release of new housing and permits was mixed and had little impact on the indices before the market. US Consumer Confidence for December will be released in early trading.
From a company perspective, the news situation is still relatively calm. Brand-name food maker General Mills reported profits for the fiscal second quarter that increased 1% year-over-year. Apparently, that wasn’t good enough for investors, as the stock fell 2.5% ahead of the market.
Shares of Raytheon Technologies gained 0.9% ahead of market. The American arms company sells its German subsidiary Anschütz. The Kiel DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH has signed an agreement with Raytheon under which it will acquire Raytheon Anschütz GmbH including its subsidiaries and branches.
3M shares rose 0.4% before market. The conglomerate wants to stop producing per- and polyfluoroalkyl substances (PFAS). Work is underway to end the use of PFAS across its entire product portfolio by the end of 2025. 3M expects total pre-tax costs of up to $2.3 billion as part of the exit
