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CAT / Caterpillar's stock rally after ‘tentative' agreement with UAW adds more than 60 points to the Dow's price

Caterpillar's stock rally after ‘tentative' agreement with UAW adds more than 60 points to the Dow's price
Shares of Caterpillar Inc. CAT climbed 4.2% in midday trading Wednesday, enough to lead the Dow Jones Industrial Average's DJIA gainers, after the construction- and mining-equipment maker said it reached a six-year “tentative labor agreement” with the United Autoworkers (UAW) union. The stock's $9.94 price gain added about 66 points to the Dow's price, while the Dow advanced 68 points, or 0.2%. Read More
Posted: Mar 1 2023, 12:51
Author Name: Market Watch
Views: 111483

CAT News  

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