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Investors were in a rotten mood Tuesday.Seemingly good results from Dow components Caterpillar, Coca-Cola and United Technologies didn't please Wall Street. The Dow closed down 425 points, or 1.7%, after opening with a 130-point gain. At its worst point of the day, the Dow was down more than 600 points.The Dow has fallen for the past five straight days — its longest losing streak in more than a year — and has given up its gains for the year.Why the nearly 650-point swing in the Dow in a matter of hours? Once investors took a closer look at the results, they focused on the negatives.Caterpillar, for example, warned that profit margins would probably not get any higher this year than they are now.And Coke investors were disappointed that lower prices may have helped drive sales -- even though Diet Coke finally returned to growth. Shares of Caterpillar plunged 6% while Coke's stock lost 2%.Verizon was one of the few companies that posted strong results Tuesday that didn't seem to have any caveats -- and it was rewarded for it. Shares of Verizon rose 2%.But other earnings reports were downright gloomy. 3M, another Dow component, lowered its outlook for the year. That sent its stock plunging 7%. Insurance company Travelers, also in the Dow, fell 3% after its earnings missed forecasts.All this negativity dragged down other old-school, classic industrial Dow companies too. Boeing and DowDuPont both fell about 3%.And tech investors were disappointed by increased expenses at Google parent Alphabet.Related: Why everyone is stressing about the 10-year Treasury Even though Alphabet posted solid gains in earnings and revenue that easily topped Wall Street's estimates, the stock fell 5% — and that helped drag down the S&P 500, Nasdaq and tech titans Apple, Amazon, Microsoft and Facebook.It didn't help that the yield on the 10-year US Treasury note rose above 3% for the first time in more than four years Tuesday morning.If this benchmark bond rate keeps climbing, it may make it more expensive to borrow money for mortgages and auto loans and could eat into profits at big US companies — especially since the Federal Reserve is expected to keep raising short-term rates.Still, one expert said investors may be overreacting to the moves in the bond market."I don't know that there is any magic to the 3.0% level other than it is a nice round number," said Jeff Mills, co-chief investment strategist for PNC Financial Services Group. "There is no rule that says rising rates are bad for the stock market."Mills added that since 1928, stocks have actually done a little bit better when rates have gone up. The market has gained about 11% on average during years that rates have gone up and 9% in years of falling rates.But jittery investors don't seem to care about historical market facts right now. They are selling first and asking questions later.The-CNN-Wire 2887

Investigators for special counsel Robert Mueller have recently been asking witnesses about Donald Trump's business activities in Russia prior to the 2016 presidential campaign as he considered a run for president, according to three people familiar with the matter.Questions to some witnesses during wide-ranging interviews included the timing of Trump's decision to seek the presidency, potentially compromising information the Russians may have had about him, and why efforts to brand a Trump Tower in Moscow fell through, two sources said.The lines of inquiry indicate Mueller's team is reaching beyond the campaign to explore how the Russians might have sought to influence Trump at a time when he was discussing deals in Moscow and contemplating a presidential run.Mueller was appointed to investigate Russian meddling in the 2016 campaign. The President claims that any investigation of his family's finances would be a breach of the special counsel's mandate.Two of the sources said they do not know from the questions asked whether Mueller has concrete evidence to indicate wrongdoing."You ask everything even if you don't think it's credible," one of the sources said, adding, "the allegations are out there, and it was checking the box."The special counsel's office, an attorney for the President and the Trump Organization all declined to comment for this story.Questions about Trump's entry into the campaign 1428

It took Baton Rouge Police Officer Blane Salamoni less than 90 seconds to shoot Alton Sterling, but police took nearly two years to fire him and release footage from his body camera.Salamoni's firing on Friday was the latest chapter in a tumultuous week for the Sterling family. State officials decided not to file criminal charges against the officers involved in the shooting, saying their actions were justified. Days later, police said the officers violated use-of-force policies.A second officer, Howie Lake II, was suspended for three days without pay for losing his temper during the incident. 608

INDIANTOWN, Fla. — Heartbreaking new details are coming to light about the deadly shooting of a mother in front of her six children on Tuesday.According to Martin County, Florida, Sheriff William Snyder, Maribel Rosado Morales, 32, was shot and killed by her ex-boyfriend, Donald Williams, 27, inside a home.The sheriff said six children, ranging in age from 9 to 17, were inside the home at the time of the shooting."We think most of the children in the home saw it," Snyder said at a news conference on Tuesday.On Wednesday, WPTV spoke to Morales' fiancé and brother, both of who did not want to be identified. They confirmed that all six children are Morales' and she was keeping them home from school because of the COVID-19 pandemic."She was a strong person. She was a loving person," said Morales' brother.Morales' fiancé said he was on the phone with her when the shooting happened, and he could hear the children yelling that their mother had been shot.The fiancé said that after Morales was hit, she barricaded herself inside a closet for her safety and so her children wouldn't see."I was on the phone with her. I said, 'baby, call the police,'" Morales' fiancé said. "Why? She didn’t do nothing. Why? She didn’t deserve it. I wasn’t there to save her. I wasn’t there."Sheriff Snyder said at least one of the children was doing virtual learning during the first day of school in Martin County when the gunfire rang out."[The teacher] did hear some high tone conversation, noticed some kind of confrontation, muted it, and then watched the [child] put her hands up to her ears," Sheriff Snyder said.On Wednesday, Morales' family members said the child on the class call at the time is 9 years old and has Down syndrome.Williams was taken into custody not long after the shooting while trying to board a public transportation bus.“I have hatred. Yeah, I’m not going to lie, I want to do 1,000 things to him. But you know what? I forgive him, man. I forgive him and he’ll have his day," Morales' fiancé said. "Her kids hate him, but they forgive him too."Sheriff Snyder said Williams confessed to the killing, and will be charged with first-degree murder, armed burglary, and armed home invasion, among other charges.This story originally reported by Meghan McRoberts and Matt Papaycik on wptv.com. 2315

It took Baton Rouge Police Officer Blane Salamoni less than 90 seconds to shoot Alton Sterling, but police took nearly two years to fire him and release footage from his body camera.Salamoni's firing on Friday was the latest chapter in a tumultuous week for the Sterling family. State officials decided not to file criminal charges against the officers involved in the shooting, saying their actions were justified. Days later, police said the officers violated use-of-force policies.A second officer, Howie Lake II, was suspended for three days without pay for losing his temper during the incident. 608

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