GE, Cummins, Caterpillar Fall as Industrials Slide
June 04, 2012 at 14:05 PM EDT
Industrial stocks fell hard on Monday after factory orders fell 0.6% in April, a lower reading than expected. Non-durable goods orders slid 1.1% and durable goods orders were flat, after being revised down from 0.2% growth. The Dow was recently down 0.5%. The disappointing data is taking a toll on the market, and industrial stocks [...]
