Premarket declines in 3M offset gains in broader markets as tech stocks drive overnight rallies in major indices.
U.S. stock index futures rose modestly Thursday following gains in the Nasdaq Composite and S&P 500, supported by a rebound in technology shares. The Nasdaq climbed 0.8% Wednesday, while the S&P 500 added 0.5%, marking a second consecutive session of advances.
3M shares fell 1.1% in premarket trading, underperforming peers after recent volatility. The industrial conglomerate has faced pressure amid broader sector rotation and mixed earnings expectations. Other stocks on watch include IBM, Kohl’s, and Meta Platforms, though premarket moves remain muted.
Futures tied to the S&P 500 and Nasdaq-100 edged higher, suggesting cautious optimism ahead of the opening bell. Trading volumes remain light as investors await fresh economic data later in the week.