FIRST AIRED: October 23, 2018

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COMING UP:Share Opener Variant 2

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Transcript

00:00:01
>> US stocks off to a rough start Tuesday with the Dow at one point falling more than 500 points after US corporate earnings disappointed investors. Industrial giant Caterpillar's stock plunged as much as 8% the most since 2015, after it warned about future profits, putting the blame on US tariffs for rise in costs.
00:00:26
Also, 3M missed expectations with sales in China cooling off sending shares down 5%. Overnight in Asia, investors dumped stocks as well giving back some of the gains made after the region saw a two-day rally. And in Europe, the main stock market index slipped towards its lowest level since December 2016.
00:00:49
All three US indexes remained in the red Tuesday, continuing what has been a punishing month for US stocks.