How the Dow Jones industrial average and other major indexes fared on Tuesday

U.S. stocks closed lower on Tuesday after disappointing outlooks from Caterpillar and Microsoft raised worries about future profit growth at companies.

An unexpected drop in U.S. orders of long-lasting goods also weighed on the markets.

On Tuesday:

The Dow dropped 291.49 points, or 1.7 percent, to 17,387.21.

The S&P 500 index lost 27.53 points, or 1.3 percent, to 2,029.55.

The Nasdaq composite dropped 90.27 points, or 1.9 percent, to 4,681.50.

For the week:

The S&P 500 index is down 22.27 points, or 1.1 percent.

The Nasdaq is down 76.38 points, or 1.6 percent.

For the year:

The Dow is down 435.86 points, or 2.5 percent.

The S&P 500 index is down 29.35 points, or 1.4 percent.