S&P, Nasdaq slide and Caterpillar dings Dow U.S. stocks registered another choppy session to close lower across the board impacted by cautious comments on the economy from Cleveland Federal Reserve President Loretta Mester and a basket of mixed earnings. The Dow Jones Industrial Average lost 401 points weighed down by a 5.8% drop in Caterpillar. In commodities, oil rose 0.5% to $94.42 per barrel. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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