Disappointing Caterpillar Q4 Drags Down Industrial ETFs
January 28, 2019 at 15:30 PM EST
Industrial sector-related ETFs stumbled Monday after Caterpillar (NYSE: CAT) announced its biggest earnings miss in a decade. The Industrial Select Sector SPDR (NYSEArca: XLI) fell 1.3% and SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) dropped 1.3% on Monday. Caterpillar revealed one of its...
