While you were sleeping: Caterpillar beats estimates, euro climbs

Thu, 25 Jan 2018

By Margreet Dietz Jan. 26 (BusinessDesk) - Wall Street climbed, lifting the Dow to a record, amid optimism about the outlook for corporate earnings including those of Caterpillar, while the euro rose to a three-year high amid an upbeat economic assessment of the European Central Bank. In 1.15pm trading in New York, the Dow Jones Industrial Average climbed 0.6 percent, while the Nasdaq Composite Index rose 0.2 percent. In 1pm trading, the Standard & Poor’s 500 Index gained 0.2 percent. Earlier in the session the Dow touched a record hig...

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