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 (Nasdaq: AAPL) reported disappointing earnings last night, with earnings per share and sales of its iPhone coming in below expectations. Check out the following video for more on what drove the Dow and individual stocks today.

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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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