Caterpillar Inc. Stock Climbs 7.2%, Outperforms Peers

Dow Jones11-10

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Caterpillar Inc. rallied 7.2% to $598.88 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.3% to 7,549.94 and the Dow Jones Industrial Average rising 2.2% to 52,389.75.

This was the stock's second consecutive day of gains.

Caterpillar Inc. closed 44.2% short of its 52-week high of $1,073.46, which the company achieved on June 30th.

The stock outperformed some of its peers, as Deere & Co. rose 2.9% to $691.28, Toro Co. rose 2.9% to $107.91.

Trading volume totaled 3.7 million, compared to the 50-day average of 3.0 million.

Data source: Dow Jones Market Data, FactSet

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