STOCK MARKET NEWS: 3M job cuts, Ticketmaster hearing, Amazon’s drug perk

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Breaking News

3M slashing jobs

3 M Co.

$

122.62

3M, the maker of Post It Notes and Scotch Tape, will cut 2,500 workers citing macroeconomic challenges CEO Mike Roman announced.

Developing Story

Ticketmaster, Live Nation on Capitol Hill

After bungling Taylor Swift’s splashy tour, the online ticket sellers have some explaining to do before Congress.

Futures at a glance

U.S. stock futures are down across the board ahead of the opening bell on Tuesday as commodities rise.

The Dow Jones Industrial Average futures is down roughly 112 points, or 0.33%, while the S&P and Nasdaq futures are off approximately 0.32% and 0.48%, respectively.

Over the last five days, the Dow is now down around 2.33%, the S&P remains up around 0.16%, and the tech-heavy Nasdaq is now roughly 2.42% higher during the same time.  

In commodities, West Texas Intermediate crude futures spiked 0.55% to $82.07 a barrel, as gold added 0.48% to $1,937.80 an ounce.

Tax Check

The new year is also bringing big tax changes to both small and large businesses.