Here are five things you must know for Tuesday, Oct. 24:

1. -- U.S. stock futures were rising on Tuesday, Oct. 24, after Wall Street's record-breaking streak came to an end during the previous trading session and after Caterpillar Corp. ( CAT)  soared following the company's estimates-beating earnings report.

The Dow Jones Industrial Average declined 0.2% on Monday, Oct. 23, the S&P 500 fell 0.38% and the Nasdaq dropped 0.64%. General Electric Co. (GE) was the biggest weight on the Dow, falling 6.3% on Monday, as analysts downgraded the stock following its first earnings miss in more than two years. 

For Tuesday, the  economic calendar in the U.S. includes the PMI Composite Flash for October at 9:45 a.m. ET. 
 
European stocks on Tuesday traded mixed ahead of a meeting of the European Central Bank later this week. Asian stocks finished Tuesday's session mostly to the upside with the Hang Seng being the only laggard.
 
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2. -- Caterpillar jumped nearly 7% in premarket trading after reporting third-quarter earnings that were analysts' expectations.

Eli Lilly & Co. (LLY) reported third-quarter adjusted profit of $1.05 a share, beating estimates by 2 cents. Revenue rose 9% to $5.66 billion.

McDonald's Corp. (MCD) slipped in premarket trading after the fast food giant reported third-quarter sales and earnings in line with estimates. 

Earnings also were released Tuesday from Fiat Chrysler Automobiles N.V. (FCAU) , General Motors Co. (GM) , Biogen Inc. (BIIB) , 3M Co. (MMM) , Lockheed Martin Corp. (LMT) , Stanley Black & Decker Inc. (SWK)  and United Technologies Corp. (UTX) . 

Eli Lilly is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells LLY? Learn more now.

3. -- Novartis AG (NVS)  reported third-quarter earnings that topped estimates on growth from two recently launched drugs -- Cosentyx and Entresto.

Novartis reported sales of $12.4 billion in the third quarter, slightly higher than analysts' expectations, while core operating income rose 1% in constant currencies to $2.4 billion.

Novartis, which said in January it was undertaking a strategic review of its Alcon eye care business, said Tuesday that creating a stand-alone company via a capital markets exit could create additional shareholder value. The final decision would depend on Alcon's continued sales growth, Novartis said.

Novartis' American depositary receipts traded in the U.S. fell 2% in premarket trading.

4. -- Sears Holdings Corp. (SHLD) will no longer sell appliances from Whirlpool Corp. (WHR) following a pricing dispute.

Sears has stopped carrying products made by Whirlpool, the biggest U.S. appliance manufacturer, including Maytag, KitchenAid and Jenn-Air appliances, according to an internal Sears memo seen by The Wall Street Journal. Sears also will deplete Whirlpool inventory currently in its stores, the memo said.

As recently as 2002, Sears sold four of every 10 major appliances in the U.S. But its share of the market fell to 22% in the 12 months ended in March, according to TraQline, a market-research firm. 

The disagreement with Whirlpool was unrelated to credit issues at Sears and instead had to do with pricing, one person familiar with the situation told the Journal.

The Sears and Whirlpool relationship stretches back for more than a century. 

5. -- Amazon.com Inc. (AMZN) received 238 proposals from cities, states, districts and territories interested in being the home of the online retailing giant's second headquarters.

Bidders weren't identified, though cities such as New York and Boston said they have applied. Amazon said 54 states, provinces, districts and territories in the United States, Canada and Mexico made bids. 

Amazon said it would make a decision next year on the location of its second headquarters. Here's the most bizarre proposals Amazon has received so far:

Separately, a report from Recode said Amazon notified wine sellers on Monday that it would shut down its Amazon Wine business at the end of 2017.

This story has been updated to include earnings from Caterpillar and McDonald's.

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