Caterpillar, Alcoa, United Technologies: Dow Midday Movers

NEW YORK ( TheStreet) -- U.S. stocks were falling midday Wednesday as durable-goods orders saw only a modest bounce in February.

The Dow Jones Industrial Average fell 97.4 points to 13,100.33. Leading the Dow lower were Caterpillar ( CAT), Alcoa ( AA) and United Technologies ( UTX).

Shares of Caterpillar, the construction and mining equipment maker, fell 3.58% to $104.19. TheStreet Ratings gives Caterpillar an A grade with a buy rating and a $122.93 price target.

Alcoa shares lost 2.49% to $9.81. The aluminum company gets a C grade and a hold rating from TheStreet Ratings.

Shares of United Technologies fell 1.96% to $81.48. TheStreet Ratings gives United Technologies an A- grade with a buy rating and a $94.79 price target.

Two gainers in the index midday Wednesday were Bank of America ( BAC) and American Express ( AXP).

Bank of America shares increased 1 cent, 0.16%, to $9.61. The bank is putting together an international advisory board that will help CEO Brian Moynihan with the company's global strategy.

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

American Express shares rose 37 cents, or 0.64%, to $58.59. TheStreet Ratings gives American Express an A+ grade with a buy rating and a $67.82 price target.

-- Written by Alexandra Zendrian

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