Caterpillar Revenue Miss, Outlook Dig Hole For Dow Jones Industrial Average

Caterpillar stock dived to a nine-month low early Thursday on a slight revenue miss, even though earnings beat, its order backlog grew and its full-year outlook was little changed. On the price-weighted Dow Jones Industrial Average, CAT stock’s 64-point loss, along with tech titan Google-parent Alphabet (GOOGL) canceled out broad gains led by Amgen (AMGN). “Our third-quarter results reflect the…