Shares of Caterpillar Inc.
rose 2.85% to $194.33 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. The stock's rise snapped a four-day losing streak. Caterpillar Inc. closed $52.36 short of its 52-week high ($246.69), which the company achieved on June 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Deere & Co.
rose 0.23% to $329.77, General Electric Co.
rose 0.37% to $102.74, and Cummins Inc.
rose 3.15% to $238.83. Trading volume (5.2 M) eclipsed its 50-day average volume of 3.4 M.