Tuesday, July 21, 2009

BETTER THAN EXPECTED?

U.S. stocks start ahead; Caterpillar fuels Dowat MarketWatch(Tue 9:35am)
Caterpillar 2Q profit falls 66 pct on weak demand

NEW YORK (MarketWatch) -- U.S. stocks ran higher at Tuesday's start, extending the prior session's surge that had the broad market clearing new highs for the year, as better-than-forecast results from Caterpillar Inc.

The new day likes 66% drop in profits as better than expected.....that's great! CAT up $4

D

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