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5 things to know before the stock market opens Wednesday

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U.S. stock futures point to a modestly lower Wednesday open. Dow stocks Caterpillar and Boeing initially dropped in premarket trading on disappointing earnings but later recovered.

which also fell Tuesday, was still only 2% below its own record close. The Dow and S&P 500 alternated between gains and losses for eight straight sessions, although they all were higher than where they were before that streak began.Caterpillar on Wednesdayand posted worse-than-expected earnings and revenue in the third quarter. The heavy equipment maker's sales in the Asia-Pacific region declined on lower demand in China due to the trade war between Beijing and Washington.

as it grapples with a crisis with its grounded 737 Max jets. Quarterly revenue at the aircraft maker, however, came in better than analysts had expected.Facebook CEO Mark Zuckerberg walks to meetings for technology regulations and social media issues on September 19, 2019, in Capitol Hill, Washington, DC.

 

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