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Caterpillar Shares Fall on Weaker-Than-Expected Outlook

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  • Description

    FBN’s Nicole Petallides on the day ahead in the markets.

  • Duration 1:05
  • Date

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To capital fast -- -- call.

We said that -- -- that profit but they -- to not a weakening outlook elsewhere what's the stop.

That's the -- -- -- you're seeing the stock down one and a half percent roughly.

That's the key it's a global indicator when they see an outlook that is weaker than expected.

Sales that won't be as strong as expected that -- not only on Caterpillar's stock but also on the minds of investors it -- mean things aren't that great.

Yeah how -- McDonald's that's another indicator of the state of play in the world economy I know that would down big on Friday.

Well we today.

Right it weighed heavily on the Dow on Friday today we're trying to get a little -- of the gap -- -- -- fractionally higher.

This is some of the analysts have been cutting their numbers on McDonald's that they to sell the worst sales growth that they had seen.

In nine years also a topic tough economy stronger dollar played a factor pop.

Petition.

Titled we were expecting a very modest bounce this off to the opening -- -- the last Friday's 200 point loss.

-- -- grateful to the big board now -- down 22 point two -- get back modest balance.

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