Caterpillar is trading at $713.00, up 3.02%, as October manufacturing activity reportedly reached its highest level in more than four years.
- Caterpillar is outperforming the Industrials sector, up 1.51%.
- Investors are positioning ahead of Caterpillar’s October 29 third-quarter report. A market report noted shares were rising ahead of results, with attention on data-center power demand and orders; this is context, not confirmation of a direct catalyst.