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Shares of Caterpillar Inc. (CAT) advanced 2.03% to $195.75 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.83% to 4,399.76 and the Dow Jones Industrial Average rising 0.98% to 34,754.94. The stock's rise snapped a three-day losing streak. Caterpillar Inc. closed $50.94 below its 52-week high ($246.69), which the company reached on June 4th.
The stock outperformed some of its competitors Thursday, as Deere & Co. (DE) rose 1.68% to $344.09, General Electric Co. (GE) rose 1.13% to $105.51, and Cummins Inc. (CMI) rose 0.12% to $234.86. Trading volume (3.4 M) remained 88,923 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 7, 2021.
(END) Dow Jones Newswires
October 07, 2021 16:42 ET (20:42 GMT)
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