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