Stocks

Stocks took a beating yet again.

Asian markets were mixed on Wednesday as traders mulled over the impact of tariffs on corporate America, after big industrial companies admitted that they were facing rising costs.

U.S. stocks slumped broadly in early trading Tuesday, sending the Dow Jones Industrial Average down more than 500 points and extending the market's recent string of losses.

WHAT'S HAPPENING Shares of Tesla Inc. soared Tuesday, a day ahead of the company's third-quarter earnings release, after an investment firm that had long bet against the company's stock reversed its position and said it would invest in the electric car and solar panel maker for the long run.

___ Stocks mostly recover from an early plunge on Wall Street NEW YORK (AP) — A turbulent day on Wall Street ended Tuesday with stocks climbing nearly all the way out of a steep, broad sell-off that at one point erased more than 500 points from the Dow Jones Industrial Average.

Stocks closed lower Tuesday after climbing back from an early plunge, giving the benchmark S&P 500 index its fifth-straight loss.

The kid-themed meals may still be discounted at some locations.

The latest on developments in financial markets (all times local): 9:35 a.m.

McDonald's is putting up positive same-store sales growth for the 13th consecutive quarter and it's topped Wall Street profit and revenue expectations for the third quarter.

The iconic American motorcycle maker expects to launch 16 new bikes over the next few years.

A midterm shake-up may be a lot worse than a volatile stock market.

The company surprised Wall Street by revealing Monday night that it would announce third-quarter earnings this week, about one week ahead of its historical schedule.

Caterpillar's third-quarter results beat Wall Street's expectations, buoyed by increased demand and higher prices.

The company said it added a net 295,000 phone subscribers who pay a monthly bill during the third quarter.

Caterpillar reported an adjusted profit of $2.86 a share in the third quarter, compared with $1.95 a share, last year.

Net income fell to $1.64 billion, or $2.10 per share, in the quarter from $1.88 billion, or $2.32 per share, a year earlier.

Asian stocks slid on Tuesday as worries about softening Chinese growth rattled investors, following a rally that was not picked up by Wall Street overnight.

J&J already owns nearly 20 percent of the company.

Wall Street digested another busy day for corporate earnings.

U.S. stocks veered broadly lower in early trading Monday as losses in health care companies and banks outweighed gains elsewhere.