By: Benzinga
October 23, 2013 at 10:29 AM EDT
Mid-Morning Market Update: Markets Tumble; Caterpillar Profit Misses Estimates
Following the market opening Wednesday, the Dow traded down 0.57 percent to 15,378.93 while the NASDAQ tumbled 0.90 percent to 3,894.19. The S&P also fell, dropping 0.69 percent to 1,742.60. Top Headline Caterpillar (NYSE: CAT ) reported downbeat third-quarter earnings and cut its full-year view. Caterpillar's quarterly earnings
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