Caterpillar falls after Norway fund excludes stock over Gaza
Caterpillar (CAT) slipped 0.5% premarket after Norway's $2 trillion sovereign wealth fund dropped the stock, citing its bulldozers' use in "unlawful destruction" of Palestinian property. The fund excluded 5 Israeli banks over Gaza war concerns. Norges Bank held a $2.1 billion stake in CAT as of June 30. Sentiment was bearish, though CAT remains up 18% on industrial demand hopes.