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Caterpillar spooks Wall St as China growth slows

A weaker Chinese economy may give Washington extra leverage in upcoming trade talks.

Tue, 29 Jan 2019

Global stocks were down after data showed profits at China’s industrial firms shrank for a second straight month in December.

Heavy industrial machine maker Caterpillar posted its worst day since August 2011. Shares fell 9.7% after it posted weaker-than-expected earnings for the fourth

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Caterpillar spooks Wall St as China growth slows
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