Stocks Ended Lower, But Well Off Session Lows

U.S. stocks ended lower on Tuesday, albeit off the worst levels of the session, as worries about global economic growth and downbeat earnings outlooks from blue-chip companies sank equities. The Dow Jones Industrial Average fell 125.98 points, or 0.50%, to 25,191.43. The S&P 500 lost 15.19 points, or 0.55%, to 2,740.69. The Nasdaq Composite shed 31.09 points, or 0.42%, to 7,437.54.

Oil futures dropped more than 4% Tuesday, with U.S. benchmark prices at their lowest finish in about two months. West Texas Intermediate crude for December delivery fell $2.93, or 4.2%, to settle at $66.43 a barrel. December Brent crude was off $3.39, or nearly 4.3%, to $76.44 a barrel.

Capital One Financial Corp. (COF) reported third-quarter earnings above expectations. Capital One said it earned $1.5 billion, or $2.99 a share, in the quarter, compared with $1.1 billion, or $2.14 a share, in the third quarter of 2017. Revenue fell 3% to $7 billion.

Texas Instruments Inc. (TXN) reported third-quarter net income of $1.57 billion, or $1.58 a share, compared with $1.29 billion, or $1.26 a share, in the year-ago period. Revenue rose to $4.26 billion from $4.12 billion in the year-ago period. The company estimates earnings between $1.14 and $1.34 a share on revenue of $3.6 billion to $3.9 billion for the fourth quarter.