Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Around the World's Markets: New York

Friday 12 March 1999 19:02 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

THE DOW JONES shed early gains to stand slightly down in the early afternoon as traders paused after the recent run towards the 10,000- point level. By mid-afternoon the Dow, which had surged 61 points higher in opening trade, was off 32 points at 9865.

Caterpillar warned that first-quarter profits would come in 50 per cent below estimates because of economic conditions in Latin America, and saw nearly 10 per cent knocked off its value.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in