The declines in shares of Caterpillar Inc. /zigman2/quotes/203434128/composite CAT +1.54% and Boeing Co. /zigman2/quotes/208579720/composite BA +1.10% in premarket trading Wednesday, after the industrial companies reported second-quarter results, was acting as a 55-point drag on the Dow Jones Industrial Average's /zigman2/quotes/210598065/realtime DJIA +0.14% price. Dow futures /zigman2/quotes/210407745/delayed YMU19 +0.04% dropped 92 points. Caterpillar's stock slumped 3.5% after missing profit expectations; the implied price decline would shave about 33 points off the Dow. Boeing shares shed 0.9%, after swinging to a large second-quarter loss amid 737 Max woes, with the implied price decline taking about 22 points off the Dow.
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S&P 500, Nasdaq stock indexes close at record but Dow grounded by Boeing