Caterpillar Costs the Dow 255 Points and Most Stocks Barely Notice
Caterpillar alone stripped 255 points off the Dow. Most other stocks had a perfectly ordinary day.
Overview
Twenty of the 30 Dow Jones Industrial Average (DJINDICES: ^DJI) stocks are up today. The Dow is down anyway. That tells you most of what you need to know about this session.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) is down 1.02% as of 1:18 p.m. ET, and the S&P 500 (SNPINDEX: ^GSPC) has fallen 0.50%. The Dow may have the smallest drop, losing just 0.17%, but it's still below the breakeven bar.
Details
The Nasdaq took the worst of it early, hitting roughly negative 1.4% near 11 a.m. ET before clawing back some of the damage. The Dow has hovered near the flatline all day.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.