Caterpillar’s Earnings Give an Assist to Industrials ETFs

It’s a win-win-win for the global building boom, Caterpillar and exchange traded funds (ETFs) that hold the heavy-equipment manufacturer. Caterpillar’s (CAT) second-quarter profit jumped 34%, handily dusting expectations, reports Daniel Lovering for the Associated Press. Much of the company’s success in the most recent quarter is owed to areas outside the United States, where 60% of [...]
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