Why Caterpillar (CAT) Dipped More Than Broader Market Today
CATCaterpillar(CAT) ZACKS·2024-09-05 06:50

Caterpillar (CAT) closed the latest trading day at $336.75, indicating a -1.03% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.16%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq lost 0.3%.Coming into today, shares of the construction equipment company had gained 4.23% in the past month. In that same time, the Industrial Products sector gained 3.11%, while the S&P 500 gained 3.64%.Analysts and investors alike will be keeping a close eye on the perfor ...