Caterpillar Revenue Miss, Outlook Dig Hole For Dow Jones Industrial Average

What happened: Caterpillar reported a revenue miss and guided to "moderate" revenue growth in Q4, below what analysts expected. Why it matters: The shortfall and softer outlook weighed on the Dow Jones Industrial Average, according to the headline. Key numbers: Q4 guidance: "moderate" revenue growth. Market: +0.8% today ($78.65), -2.9% YTD, 0.8x vol — as of 07:46 UTC

Caterpillar reported a revenue miss and guided to "moderate" revenue growth in Q4, below what analysts expected.

The shortfall and softer outlook weighed on the Dow Jones Industrial Average, according to the headline. Key numbers: Q4 guidance: "moderate" revenue growth. Market: +0.8% today ($78.65), -2.9% YTD, 0.8x vol — as of 07:46 UTC