The Dow hits a record as 3M, Coca-Cola and other big US stocks climb
Strong quarterly profits from 3M, Coca-Cola, and General Motors drove the Dow up 218 points, reaching a new all-time high amid delayed economic data due to a government shutdown.
- On October 21, 2025, the Dow Jones Industrial Average hit a record as companies reporting summer profits, including 3M and Coca-Cola, moved markets.
- Amid the U.S. government shutdown that began Oct. 1, delayed economic data made corporate earnings more central for assessing growth, while hopes for eased trade tensions ahead of a Trump–Xi meeting later this month supported markets.
- 3M helped lead gains as it reported bigger quarterly profit and had the biggest jump among Dow components, while RTX rose 7.7% and Coca‑Cola climbed 4.1% after topping profit expectations.
- Indexes showed mixed reactions, with the Dow Jones Industrial Average rising 218.16 to 46,924.74 while the Nasdaq composite slipped 36.88 to 22,953.67 and the S&P 500 index finished 0.3% below its record.
- Investors face pressure going forward to show profit growth after a torrid 35% rally from April low, while gold fell 5.7% to $4,109.10 per ounce, signaling market rotation.
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15 Articles
3M Helps Push Dow to New All-Time High
US stocks mostly rose on Tuesday, leaving indexes at or near records. The S&P 500 inched up a fraction of a point Tuesday, with the rise of 0.22 points to 6,735.35 leaving it just slightly below its all-time high set earlier this month. The Dow Jones Industrial...

The Dow hits a record as 3M, Coca-Cola and other big US stocks climb
By STAN CHOE, AP Business Writer NEW YORK (AP) — The Dow Jones Industrial Average hit a record on Tuesday as the floodgates opened for companies reporting how much profit they made during the summer. The Dow rose 218 points, or 0.5%, and topped its prior all-time high, which was set early this month. The S&P 500 index, which is much more important on Wall Street and dictates the performance of many more 401(k) accounts, was essentially flat and …
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