Caterpillar stock surges to $726 as Dow tops 50,000; what to watch before Monday
Caterpillar surged 7% to $726.20 Friday, driving the Dow Jones Industrial Average above 50,000 for the first time. The move came as investors rotated out of tech and into industrials ahead of delayed U.S. jobs and inflation data next week. Deere, CNH Industrial, and Toro also gained but lagged Caterpillar’s jump.