Today, industrials editor and analyst Brendan Byrnes discusses the Dow's 58-point gain today. The Dow was the only major index to end the day in the black, with the S&P 500 and Nasdaq both dropping slightly. The Dow was able to shrug off a report that showed weak new-home sales in June with strong earnings from Dow industrial giants Boeing and Caterpillar. Both companies beat expectations and raised earnings guidance for the full year. Outside the Dow, Apple
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Brendan Byrnes owns shares of Apple and Caterpillar. The Motley Fool owns shares of Apple. Motley Fool newsletter services have recommended buying shares of and creating a bull call spread position in Apple.
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