Dow Earnings: How Merck, Caterpillar Shares Are Faring
Caterpillar(CAT) Schaeffers Research·2024-04-25 18:40
Dow Jones Industrial Average (DJI) components Caterpillar Inc. (NYSE:CAT) and Merck & Co Inc (NYSE:MRK) are moving in opposite directions today after their respective first-quarter earnings reports, as the blue-chip index eyes its worst single-day decline since March 2023.Caterpillar stock is down 6.4% at $340.21 at last check, after the heavy equipment maker missed first-quarter revenue estimates and issued a weak current-quarter forecast. Shares fell to their lowest level since early February on the news, ...