This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (April 25, 2018).

The yield on the 10-year Treasury note hit 3% for the first time since 2014 in a vote of confidence for the economy, but warnings from some big companies that profits were peaking helped send the Dow lower. The blue-chip index sank 424.56 points to 24024.13.

Caterpillar said a strong first quarter could be a "high-water mark," pushing down shares 6.2%. 3M cut its forecast; shares fell 6.8%.

Pimco plans to increase its workforce by 10%, recruiting tech-savvy workers, as the bond giant bets on computer-driven investing.

China's Didi is holding talks about an IPO as early as this year, a move that would vault it into the public markets ahead of rival Uber.

A CBS-Viacom deal is seen as unlikely to take place without a senior role for Viacom CEO Bakish, a prospect that CBS opposes.

ZTE's U.S. suppliers are bracing for a sizable revenue loss after Washington banned component sales to the Chinese telecom firm.

Shire said it was willing to recommend that shareholders accept Takeda's last-ditch $64 billion takeover bid.

The FDA said it is moving against the sale of e-cigarettes to minors by targeting Juul Labs.

Wells Fargo re-elected all of its board with more than 89% of preliminary votes.

New flavors of Diet Coke in redesigned cans have added some pop to Coca-Cola's recent sales of the drink.

(END) Dow Jones Newswires

April 25, 2018 02:47 ET (06:47 GMT)

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