Caterpillar stock price jumps 7% as Dow tops 50,000 — what’s next for CAT shares
New York, February 6, 2026, 18:36 EST — After-hours
Caterpillar (CAT.N) jumped 7.1% to $726.20 on Friday, catapulting the Dow past 50,000 for the first time as traders looked outside the tech giants. The stock has climbed roughly 27% this year, on top of its better than 50% rally in 2025. “What’s driven it recently has been the broadening we have seen in the market,” Horizon Investment Services CEO Chuck Carlson told Reuters. 1
Rate expectations have jumped back into focus, just as markets try to shake off losses in tech. Federal Reserve Vice Chair Philip Jefferson called himself “cautiously optimistic” on the 2026 outlook, but he emphasized that future rate decisions will lean on new data. The Fed left its…
