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Wall Street Watch Tuesday: Caterpillar Gets Pessimistic

Caterpillar, the world's largest maker of construction and mining equipment, is cutting its long-term growth outlook. And that's bad news for all around, because this industrial giant's not just a company, it's a global economic bellwether.

Stock Market Cuts Its Losses with a Late Rally

A late recovery on Wall Street wiped out most of the stock market's losses Thursday, leaving the Dow Jones industrial average down just 25 points. The Dow had been down as much as 177 points but came back sharply at the end of the day.