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Cat Stock Blog

Caterpillar Inc. (NYSE:CAT) stock news and links


Today’s close: Down 1.07%

Caterpillar looked like it might spend the day in the green till a dive in crude oil futures sent it back underwater. After yesterday’s mauling, though, 1 percent down feels like a day off from school. Full quote at Yahoo Finance.

Broader markets are acting like they’re chained to a Cat D11, but managed to close positive. Dow, up 0.72%; Nasdaq, up 1.04%; S&P 500, up 1.09%. Wrap-up at Market Watch.

Cat’s volume, 20 million shares, was a sharp drop-off from Monday, but still almost twice the average. It feels like the market’s ready for a breather. Cat could catch a bid from pure seller exhaustion in the next few days, I suppose.

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Tom Mangan posted at 1:20 pm January 27th, 2009 |

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