The Dow Jones Industrial Average
Plosser's comments were enough to drop the Dow big after solid September consumer confidence numbers actually pushed the Dow into positive territory all the way into early afternoon trading.
Let's check the damage and see how all three major U.S. indices fared on the day:
Index |
Change |
Ending Value |
---|---|---|
Dow Jones Industrial Average | -101.37 [-0.75%] | 13,457.55 |
Nasdaq |
-43.06 [-1.36%] | 3,117.73 |
S&P 500 |
-15.30 [-1.05%] | 1,441.59 |
Looking at individual stocks, Caterpillar
Outside the Dow, Tesla
While Caterpillar had a rough day today, the stock's drop could be an opportunity to buy shares of a fantastic business at a bargain price. Caterpillar's quality products, extensive service network, and unparalleled brand strength combine to give it solid competitive advantages. But does that make it a buy now according to our analysts, or are there other risks that investors need to know about? Read all about whether it's the right time to buy Caterpillar stock in our brand-new report. Just click here to access it now.