Sentiment Remained Fragile as Corporate Announcements Disappoint

Disappointments from corporate earnings announcements have limited gains in stock markets. Caterpillar, despite its mildly higher-than-expected earnings result, lowered its full-year earnings forecast. The company’s CEO stated that "as we’ve moved through the year, we have seen continued economic weakening and uncertainty".

See more here:
Sentiment Remained Fragile as Corporate Announcements Disappoint