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7/24, 1:50 PM (Source: TeleTrader)
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Dow sinks 100 pts premarket after earnings

Shares on Wall Street declined in Wednesday's premarket trade following the release of earnings reports from Boeing, Caterpillar, AT&T and UPS, among others.

The Dow Jones Industrial Average was down 100 points at 7:53 am ET, or 0.38%, as Boeing stock dipped 0.82% on a 35% drop in revenue and a reported loss per share of $5.21 for the second quarter of 2019. Caterpillar's earnings per share added only 0.35% annually,

The Nasdaq 100 lost 0.24% in premarket trading, while the S&P 500 contracted 0.26%.

Breaking the News / NI