Caterpillar Inc. (CAT) reported a 12% increase in April worldwide retail sales of machines Thursday morning. Worldwide sales of machines in March and February were up 18% and 21% respectively.
Caterpillar gapped open lower Thursday and declined until mid-morning. The stock closed down by 4.06 at $87.80 on above average volume. Caterpillar has been falling for the past 3 weeks and closed at a 5-month low.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.