Dow Jones Doesn't Get Lift From Merck, Caterpillar, and 3M Earnings Beats
Following a deep slump on Monday, the Dow Jones Industrial Average (DJINDICES: ^DJI) continued heading lower on Tuesday. The Dow was down about 0.23% at 1:30 p.m. EDT as cases of COVID-19 continued to increase rapidly in the United States.
Solid earnings reports from Merck (NYSE: MRK), Caterpillar (NYSE: CAT), and 3M (NYSE: MMM) failed to prevent the Dow from underperforming the other major indices. All three companies beat analyst expectations, and Merck and 3M reported revenue growth for the third quarter.
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Source Fool.com
