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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.