S&P 5007,600.50▲1.5% Nasdaq25,913.90▲2.1% Dow53,178.41▲1.3% Russell 2K2,981.91▲1.7% 10-Yr4.69%−6bp VIX15.86−0.13 WTI$80.00▼5.5% Gold$4,106.70▲1.4% EUR/USD1.151▼0.1% BTC$63,756▲0.5% Nikkei64,362▲4.0%
At close · Mon, Aug 3, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›Caterpillar shares jump after record revenue from data…

Caterpillar shares jump after record revenue from data center demand

MarketWatch reports Caterpillar posted its biggest earnings beat in five years, helping lift the Dow by roughly 200 points.

Reported · Written up by our desk · Equities

Caterpillar shares surged after the company delivered what MarketWatch called its biggest earnings beat in five years. The stock move provided a broad boost to the Dow.

MarketWatch said the strength was tied to demand for data center construction, which helped push revenue to a record level.

With Caterpillar rallying on the back of that surge in data center-related activity, investors appeared to reprice the outlook for the industrial equipment maker.

Latest closeDow Jones 53,178.41 ▲1.3%

← Newer storyCanada trade surplus rises to four-year high in June

More like this

US MarketsFundstrat’s Tom Lee lists six drivers he expects to lift August stocks
US MarketsPalantir’s sovereign AI push helps it outpace software rivals
US MarketsBezos files to sell $4 billion in Amazon as shares slip
US MarketsFord says July U.S. sales dip still counts as a strong month
US MarketsJim Cramer warns AI firms risk “back in 2000” circular financing

Sources

MarketWatchCaterpillar’s stock gives the Dow a 200-point boost as data-center demand drives record revenue
MarketWatchCaterpillar’s stock gives the Dow a 200-point boost as data-center demand drives record revenue

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.