S&P 500 Falls 2%; Caterpillar Reports Downbeat Q1 Results
1. Caterpillar's Q1 2025 results showed a 9.8% revenue decline. 2. Adjusted earnings per share fell to $4.24, missing expectations. 3. Future sales are expected to remain similar to 2024 levels. 4. Operating profit margins are projected to decrease year-over-year. 5. Global stock markets are experiencing significant downturns.