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Caterpillar Shares Rise 6%, Propelling Dow Jones Toward 50,000

Caterpillar’s stock surge contributed to a 900-point jump in the Dow Jones Industrial Average, placing the index near a historic milestone.

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Terms & Concepts
  • Dow Jones Industrial Average (DJI): A major U.S. stock market index tracking 30 prominent companies on the New York Stock Exchange and NASDAQ.
  • Caterpillar (CAT): A leading U.S. manufacturer of construction and mining equipment, whose stock is listed on the NYSE.