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Blue Chip Defensive Play Leads Dow After Earnings Surprise; Outlines Tariff Profit Impact
Blue Chip Defensive Play Leads Dow After Earnings Surprise; Outlines Tariff Profit Impact · Investor's Business Daily

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Blue chip Dow Jones Industrial Average stock 3M soared early Tuesday after the industry giant reported better-than-expected earnings for the first-quarter quarter and outlined the expected impact from President Donald Trump's trade war on 2025 profit. 3M also revised its expected 2025 profit expectations with an "additional" tariff "sensitivity" of between a 20 cent to 40 cent loss to its already issued full-year guidance. In January, the blue chip defensive stock issued a preliminary 2025 outlook, expecting sales growth in the range of 0.5%-1.5% and per-share earnings between $7.60-$7.90.