Industrial Machine Maker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What are we expecting when the u.s. markets open up in 16, 17 minutes. >> investors are very nervous for a number of reasons. the impending trade war, rising interest rates, and the fact is that many in the market said, look, we just think corporate profits, the bedrock of the market, has peaked. that there is nowhere to go from here. and we saw a little bit of that in caterpillar, an industrial machine maker. it is a bellwether for the market. it came out this morning, beat expectations. but, yet, the stock fell because it warned of rising material costs as in part as a result of the steel an...

Feeling that really this is as good as it's going to get in terms of corporate profits. that's the bedrock of the market. we got more evidence of that today when caterpillar, a bellwether for the market, an industrial machine maker, came out and said rising material costs may have a negative impact to its business. that is as a result of steel and aluminum tariffs. so companies are really trying to calm the street down, trying to calm wall street down, and put a positive spin on this, but investors are seeing right through it. they're actually even ignoring the positive news, because we had co...