Shares of Caterpillar (CAT -2.7%) and Joy Global (JOY -2.7%) take a hit from weak China GDP...

|About: Caterpillar Inc. (CAT)|By:, SA News Editor

Shares of Caterpillar (CAT -2.7%) and Joy Global (JOY -2.7%) take a hit from weak China GDP numbers for the January-March quarter. The economiy grew "just" 7.7% from a year earlier, less than forecasts calling for growth of 8%, while industrial production in April slowed to 8.9%, the weakest in more than a year.