Indices closed out in the green zone Tuesday. Caterpillar, Boeing and Microsoft led the upswing. Brands recovered from earlier session losses in the wake of declining consumer sentiment. The Conference Board’s consumer confidence index dipped to a reading of 44.5 in August from 59.2 in July. Economists had been expecting a reading of 52. Meanwhile, minutes from the Federal Open Market Committee’s August 9 meeting noted weaker-than-expected economic expansion in the first half of the year. Additionally, risks were weighted to the downside and had increased. Elsewhere, crude oil tacked on $1.63 to settle at $88.90 a barrel.
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