Caterpillar leads the Dow sharply lower
The Dow has been hit especially hard as Caterpillar and Boeing both opened sharply lower. The former has lowered its 2015 revenue outlook.
Company
Caterpillar Inc
NYSE:CAT
Caterpillar Inc is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company operates through its three primary segments: Construction Industries, Resource Industries and Energy & Transportation.
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US stocks buried
All 30 members of the Dow Jones are in the red, none more so than industrial and agricultural machinery maker Caterpillar.