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


Today’s close, down .61%

YawnMore of the steam escaped from Caterpillar’s recent rally as more bad news on the construction and manufacturing fronts pinched Cat’s prospects.

After a close of 46.08 yesterday, Cat opened at 46.79, rose to a high of 46.80, dipped a bit and remained range bound, then sank into the close to finish at 45.80 on volume of 10.8 million shares. More at Cat’s Yahoo Finance page.

Broader indexes were up a bit, with the Nasdaq leading the way with a 1.5% pop. More at MarketWatch’s wrap.

Two days of closes in the red strikes me as a less-than bullish start for the first full week of the year, though the volume is around average so this might be one of those yawner days nobody remembers.

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Tom Mangan posted at 1:26 pm January 6th, 2009 |

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