RTTNews | Jul 28, 2020 04:45PM EDT

04:45 Tuesday, July 28, 2020

|BEGINSUB|Asian Shares End Mixed As Virus Worries Persist|ENDSUB|Asian stocks ended mixed on Tuesday despite a flurry of positive news, ranging from hopes about additional fiscal stimulus in the U.S. to the launch of late-stage trials of experimental Covid-19 vaccines.While a weak U.S. dollar sparked rebalancing in asset portfolios around the globe, gains were tempered by escalating U.S.-China tensions and the increase in Covid-19 infections from China to Spain and Germany.

|BEGINSUB|European Stocks Recover After Early Setback, Close Mixed|ENDSUB|European stocks recovered from their lower levels and ended on a mixed note on Tuesday.

|BEGINSUB|U.S. Stocks Come Under Pressure Amid Uncertainty About Stimulus Bill|ENDSUB|Stocks moved mostly lower over the course of the trading day on Tuesday, largely offsetting the upward move seen in the previous session. The tech-heavy Nasdaq posted a particularly steep loss after outperforming its counterparts on Monday.

|BEGINSUB|Stock Alert: 3M Down 4% After Q2 Results Miss Estimates |ENDSUB|Shares of 3M Co. , a maker of consumer, health-care and industrial products, are declining almost 4 percent or $6.30 in Tuesdays morning trade at $156.94 after its second-quarter financial results missed analysts estimates.

Tuesday, 3M reported second-quarter net income of $1.29 billion or $2.22 per share, up from $1.13 billion or $1.92 per share in the year-ago period. However, adjusted earnings of $1.78 per share missed the average estimate of analysts polled by Thomson Reuters at $1.80 per share.

|BEGINSUB|Stock Alert: Harley-Davidson Falls 9% As Q2 Results Miss Expectations |ENDSUB|Shares of Harley-Davidson, Inc. (TS:HOG) are losing more than 9 percent or $2.66 in Tuesdays morning trade at $26.62 after the motorcycle makers second-quarter results missed analysts expectations.

Tuesday, Harley-Davidson reported second-quarter net loss of $92.22 million or $0.60 per share, compared to net income of $195.63 million or $1.23 per share in the same period last year. Adjusted loss was $0.35 per share, while the average estimate of analysts polled by Thomson Reuters was for earnings of $0.03 per share.

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