While you were sleeping: Caterpillar, 3M rally on outlook

Tue, 24 Oct 2017

By Margreet Dietz Oct. 25 (BusinessDesk) - Wall Street climbed as stronger-than-expected corporate earnings including from Caterpillar and 3M sent the Dow to a record high, bolstering optimism about the outlook. “For the most part, I think, you’ll see earnings continue to come in good—and not just earnings, but increases in revenue that look stronger than expected,” Gary Bradshaw, a portfolio manager at Hodges Capital Management in Dallas, told Bloomberg. “The economy is doing great here domestically, the whole world economy is certainly...

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