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Caterpillar stock price jumps 7% to $726 as Dow cracks 50,000 — what matters next week
Caterpillar (CAT) stock surged 7.1% to $726.20, pushing the Dow Jones Industrial Average above 50,000 for the first time. This rally, along with gains in other industrial stocks like Deere and CNH Industrial, suggests investors are shifting towards economically sensitive companies beyond the tech and AI sectors. The market will closely watch upcoming U.S. jobs and inflation data next week to determine if Friday’s gains have sustained conviction.