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Bank of America, Alcoa, Caterpillar: Dow Movers

NEW YORK ( TheStreet) -- U.S. stocks fell for a fifth straight session on Tuesday as renewed eurozone worries fueled by rising Spanish bond yields soured sentiment ahead of first-quarter reporting season.

The Dow Jones Industrial Average dropped 214 points, or 1.7%, to 12,716. The S&P 500 lost 24 points, 1.7%, to 1359 and the Nasdaq Composite sank 56 points, or 1.8%, to 2991.

Breadth within the Dow was negative with 29 of the index's 30 components posting losses.

The biggest percentage decliners in the Dow were Alcoa (AA - Get Report), Caterpillar (CAT - Get Report) and Bank of America (BAC - Get Report).

Shares of Bank of America dropped 4.4% to $8.54. The bank stock is one of TheStreet's 5 Bank Stocks Worth a Second Look.

TheStreet Ratings gives Bank of America a C- grade and hold rating.

Alcoa's shares fell 2.92% to $9.32 ahead of its quarterly report.

After the closing bell, the aluminum producer reported an adjusted profit of $94 million, or 10 cents a share, for its fiscal first quarter on revenue of $6 billion, much better than Wall Street's consensus view for a loss of 4 cents a share on revenue of $5.77 billion. The stock ticked 2% higher in late trades on volume of nearly 2.5 million.

TheStreet Ratings gives Alcoa a C grade and hold rating.

Shares of Caterpillar lost 3.03% to $100.43 on elevated volume. TheStreet Ratings gives Caterpillar an A grade with a buy rating and a $122.28 price target.

The only gainer in the index Tuesday was Hewlett-Packard (HPQ - Get Report).

Shares of HP increased 13 cents, or 0.56%, to $23.27. TheStreet Ratings gives HP a C+ grade and a hold rating.

-- Written by Alexandra Zendrian in New York.

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to:

>To follow the writer on Twitter, go to Alexandra Zendrian.

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AA $13.22 0.00%
CAT $84.60 0.00%
BAC $15.64 0.00%
HPQ $33.26 0.00%
AAPL $130.28 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

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