INQUIRER.net: S&P 500 index falls after 4 days of record closes

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S&P 500 index falls after 4 days of record closes Oct 23rd 2013, 23:33 NEW YORK—A four-day streak of record closes ended for the Standard & Poor's 500 index Wednesday after Caterpillar reported weak earnings and falling oil prices hurt energy stocks.   Caterpillar, which makes mining and construction equipment, is considered an important barometer of the global economy. The plunge in Caterpillar's third-quarter profit discouraged investors and stalled a two-week surge in the stock market. Energy stocks dropped as the price of oil fell to its lowest in almost four months.   The S&P 500 fell 8.29 points, or 0.5 percent, to 1,746.38, ending its longest streak of record closes since mid-May.   The S&P 500 had s... Keep on reading: S&P 500 index falls after 4 days of record closes Media files: wall-st.jpg (image/jpeg)

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