{"id":1869,"date":"2010-11-15T17:18:00","date_gmt":"2010-11-15T17:18:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/market-loses-steam-in-late-trading-finishes-lower\/1866\/"},"modified":"2010-11-15T17:18:00","modified_gmt":"2010-11-15T17:18:00","slug":"market-loses-steam-in-late-trading-finishes-lower","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-loses-steam-in-late-trading-finishes-lower\/1869\/","title":{"rendered":"Market Loses Steam in Late Trading, Finishes Lower"},"content":{"rendered":"<p>The U.S. equity market ran out of steam in late trading, with the <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> and the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a> ending the day in red. The <a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a> ended the day 0.08% higher at 11,201.97, the S&amp;P 500 ended the day 0.12% lower at 1,197.75 and the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a> ended the day 0.17% lower at 2,513.82.<\/p>\n<p><span id=\"more-1869\"><\/span><\/p>\n<p>Lowe\u2019s Companies Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=low\" target=\"_self\" rel=\"noopener\">NYSE: LOW<\/a>) today reported its third-quarter financial results. The company posted a 17% increase in its third-quarter profit. Shares of Lowe\u2019s ended the day 1.06% lower at $21.46.<\/p>\n<p>EMC Corporation (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=emc\" target=\"_self\" rel=\"noopener\">NYSE: EMC<\/a>) today announced that will acquire data-storage company Isilon Systems Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=isln\" target=\"_self\" rel=\"noopener\">NASDAQ: ISLN<\/a>) for $2.25 billion.EMC will pay $33.85 per share to acquire Isilon. Shares of EMC Corporation ended the day 1.24% lower at $21.45, while shares of Isilon ended the day 28.49% higher at $33.78.<\/p>\n<p>Caterpillar Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=cat\" target=\"_self\" rel=\"noopener\">NYSE: CAT<\/a>), today, announced that it will acquire Bucyrus International Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=bucy\" target=\"_self\" rel=\"noopener\">NASDAQ: BUCY<\/a>) for $7.6 billion. Caterpillar Inc. will pay $92 per share to acquire Bucyrus International Inc. Shares of Caterpillar ended the day 0.96% higher at $81.82, while shares of Bucyrus ended the day 28.99% higher at $89.90.<\/p>\n<p>The Commerce Department today reported stronger-than-expected retail sales for the month of October. According to figures released by the Commerce Department, October retail sales rose 1.2%, beating expectations of an increase of 0.7%.<\/p>\n<p>The Commerce Department also reported that U.S. business inventories rose in the month of September. According to figures released by the Commerce Department, inventories climbed 0.9% to $1.40 trillion.<\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n<div style=\"padding:0px;margin:0px;margin-bottom:15px;\">\n<div style=\"width:338px;height:280px;\">\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW Single Post - Footer *\/\ngoogle_ad_slot = \"9968072899\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<\/div>\n<p><br style=\"clear:both\">\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. equity market ran out of steam in late trading, with the S&amp;P 500 and the Nasdaq ending the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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