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Why Shares in Caterpillar Tracked Lower Again Today

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63% Informative

Shares in Caterpillar ( NYSE : CAT ) were down by about 7.5% at 11 a.m. ET today as the market continued to sell off equities in the wake of tariff measures imposed on U.S. trade partners.

A weaker global economy isn't good for sales of Caterpillar 's construction machinery.

Caterpillar is exposed to the commodity cycle and operates in highly cyclical industries like construction.