Bellweather Caterpillar: M Company and Premarket Trading

bellweather caterpillar: Investors were keeping a keen eye on US corporate earnings, with industrial bellweather Caterpillar, 3M and Lockheed Martin reporting results, according to Nine News Australia. Caterpillar shares fell 5.4 per cent in premarket trading after the company reported better-than-expected quarterly results, but blamed US tariffs for rise in costs.3M Company also fell 7.1 per cent after its third-quarter sales missed estimates. To improve your experience update it here News World Futures slump on global risk off sentiment11 01pm Oct 23, 2018Facebook Tweet MailUS stock index futures have tumbled as concerns over Saudi Arabia's political situation, Italy's finances and trade war fears hit risk appetite across the globe. Profits of S&P 500 companies are expected to have jumped nearly 22 per cent in the third quarter, according to Refinitiv data. US markets have been torn between solid earnings reports and worries about rising US interest rates and global growth. But many investors are focusing on the outlook for future growth due to concerns over trade, rising costs and other factors. (news.financializer.com). As reported in the news.