Caterpillar Inc. shares rose 6.3% to $720.83 on Friday, contributing significantly to the Dow Jones Industrial Average’s rebound following a tech selloff. This rise occurred despite concerns over tariff-related costs for 2026, which Caterpillar estimates could reach $2.6 billion, and an insider stock option exercise and sale. Traders are now keenly watching upcoming economic data, including a delayed monthly jobs report and the next Fed policy meeting, which could influence future growth and interest rate debates.
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Caterpillar stock jumps 6% as Dow rebounds — what CAT traders watch next
Caterpillar Inc. shares rose 6.3% to $720.83 on Friday, contributing significantly to the Dow Jones Industrial Average’s rebound following a tech selloff. This rise occurred despite concerns over tariff-related costs for 2026, which Caterpillar estimates could reach $2.6 billion, and an insider stock option exercise and sale. Traders are now keenly watching upcoming economic data, including a delayed monthly jobs report and the next Fed policy meeting, which could influence future growth and interest rate debates.