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Wall St gains on chip stocks recovery; earnings draw focus

Wall Street indexes gained due to a recovery in chip stocks and anticipation of earnings reports. 3M's stock rose after an improved profit forecast, while Danaher's stock fell due to a revenue forecast cut. The potential for new tariffs by the Trump administration was also noted.

Jul 21, 2026, 9:46 AM UTCMarket Movement1 sourceUpdated 9h ago
Affected entities:3M CompanyDanaher CorporationWall Street

This analysis summarizes article framing and is not investment advice or a prediction of future returns.

From the article

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Jul 21, 2026, 9:46 AM UTC Market News Edge source feed

Article image for Wall St gains on chip stocks recovery; earnings draw focus

Indexes up: Dow 0.3%, S&P 500 0.4%, Nasdaq 0.7%

3M rises after lifting annual profit forecast

Danaher falls after cutting annual revenue growth forecast

Trump prepares fresh tariffs on dozens of countries, FT reports

Reporting by Ragini Mathur and Avinash P in Bengaluru; Editing by Maju Samuel and Shinjini Ganguli

Our Standards: The Thomson Reuters Trust Principles., opens new tab

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Story analysis

Sentiment distribution

Bullish100%
Neutral0%
Bearish0%

Bull case

3M's improved profit forecast Recovery in chip stocks

Bear case

Danaher's revenue forecast cut Potential new tariffs by Trump administration

Shared facts

  • Indexes up: Dow 0.3%, S&P 500 0.4%, Nasdaq 0.7%
  • 3M rises after lifting annual profit forecast
  • Danaher falls after cutting annual revenue growth forecast
  • Trump prepares fresh tariffs on dozens of countries

Disputed interpretations

  • The article primarily reports on market movements and company forecasts without deep analysis or interpretation.

Source comparison

Sources differ mainly on cost, timing, and durability of the impact.

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Wall St gains on chip stocks recovery; earnings draw focus

Bullish
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