The following video is from Wednesday's Market Foolery, in which host Chris Hill and Motley Fool analysts Matt Argersinger and Jason Moser give their Foolish take on the biggest investing stories of the day.
Shares of Caterpillar (NYSE:CAT) fell 6% today, one of the biggest single-day moves in years for this Dow stalwart stock, on news that Q3 profits fell 44% and the company cut guidance. In this segment, Matt and Jason discuss how this could be a bellwether for a broader trend downward across many industries connected to building infrastructure and the global economy.
Chris Hill, Jason Moser, Matthew Argersinger, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.