Why Caterpillar Stock Was Slipping Today
Shares of Caterpillar (NYSE: CAT) were pulling back on concerns around new tariffs on goods from Canada, Mexico, and China. Those weighed on the stock market generally, and Caterpillar specifically, as the multinational company is heavily dependent on the global supply chain.
As of 12:17 p.m. ET, the S 500 (SNPINDEX: ^GSPC) was down 0.8%, and Caterpillar stock was down 1.9% at the same time.
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Source Fool.com
Caterpillar Inc. Stock
€502.00
0.000%
With 45 Buy predictions and 4 Sell predictions Caterpillar Inc. is one of the favorites of our community.
With a target price of 525 € there is a slightly positive potential of 4.58% for Caterpillar Inc. compared to the current price of 502.0 €.
