Caterpillar tugs Dow lower at close

New York • A gloomy outlook from Caterpillar, the world’s largest construction equipment company, helped send stocks mostly lower on Wednesday. The meager drop gave the stock market two consecutive days of losses, the first time that’s happened all month. The Dow Jones industrial average fell 25.50 points, or 0.2 percent, to close at 15,542.24. The Standard & Poor’s 500 index fell 6.45 points, or 0.4 percent, to 1,685.94. The Nasdaq composite edged up 0.33 of a point, less than 0.1 percent, to 3...

Share this post