Caterpillar stock near highs after jobs report, with tariffs and CPI next in focus
Caterpillar shares rose 1.56% to $617.62 Friday as the S&P 500 closed at a record high. The move followed a weaker-than-expected U.S. jobs report, which shifted investor bets on Federal Reserve rate cuts. The Supreme Court delayed a decision on a major tariff case. Investors await December inflation data due Tuesday.