Caterpillar, 3M Drag Down Industrial ETFs

FAN Editor 5 years ago

This article was originally published on ETFTrends.com.

Industrial stocks and sector-related ETFs tanked Wednesday after industry giants Caterpillar (etftrends.com/quote/CAT) and 3M (etftrends.com/quote/MMM) projected a bleak global outlook. On Wednesday, the Industrial Select Sector SPDR (NYSEArca: XLI) declined 1.7% and SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) decreased 0.9%. “When you look at a chart of the XLI, you can see very […]

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