Crude Oil Down 2%; Caterpillar Earnings Top Views

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U.S. stocks traded mostly higher midway through trading, with the Dow Jones index gaining more than 1% on Thursday.

The Dow traded up 1.29% to 49,489.79 while the NASDAQ fell 0.01% to 24,673.01. The S&P 500 also rose, gaining, 0.37% to 7,162.03.

Leading and Lagging Sectors

Industrials shares jumped by 2.2% on Thursday.

In trading on Thursday, information technology stocks fell by 1.1%.

Top Headline

Caterpillar Inc. (NYSE:CAT) reported better-than-expected first-quarter 2026 results.

The company’s sales surged 22% year over year to $17.4 billion. Adjusted profit per share of $5.54 beat the $4.62 estimate, while GAAP profit per share was $5.47.

Equities Trading UP
           

  • Bandwidth Inc (NASDAQ:BAND) shares shot up 38% to $33.34 after the company reported better-than-expected first-quarter financial results and raised its FY26 sales guidance above estimates.
  • Shares of Everspin Technologies Inc (NASDAQ:MRAM) got a boost, surging 38% to $18.16 after the company reported better-than-expected first-quarter financial …

Full story available on Benzinga.com

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