1.78%XLF 20.53 6.48%QQQQ 45.97 2.38%
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NEW YORK (AP) - Shares of machinery companies wavered Wednesday following a disappointing profit outlook from Deere & Co.
The farm equipment company said its second-quarter profit rose 22 percent, but warned that rising material costs could cut into its profit in coming months.
Here's how some machinery stocks fared Wednesday:
Manitowoc Co., down $2.30, or 5.4 percent, to $40.58.
Terex Corp., down $1.11 to $71.48.
Cummins Inc., up $1.28 to $71.98.
Caterpillar Inc., down $1.32 to $82.75.
Deere & Co., down $8.94, or 9.9 percent, to $81.25.
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