Earnings trigger Wall Street selloff, data weighs further
U.S. stocks tumbled on Tuesday, with Microsoft and Caterpillar shares down sharply after quarterly results, while an unexpected decline in durable goods orders also weighed on sentiment. Shares of construction and mining equipment maker Caterpillar fell 7.4 percent to $79.69 after its net profit came in below market expectations. "U.S. equities could come under pressure as investors ratchet down their growth estimates for the U.S. economy," said Brian Jacobsen, chief portfolio strategi
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