While you were sleeping: Caterpillar, McDonald’s rally

Tue, 25 Apr 2017

By Margreet Dietz April 26 (BusinessDesk) - Wall Street advanced, with the Nasdaq touching a record-high, bolstered by better-than-expected corporate results including from Caterpillar and McDonald’s. In 2.20pm trading in New York, the Dow Jones Industrial Average climbed 1.3 percent, while the Nasdaq Composite Index advanced 0.8 percent. In 2.05pm trading, the Standard & Poor’s 500 Index increased 0.7 percent. The Nasdaq hit a record 6,031.91. Rallies in shares of Caterpillar and those of McDonald’s, recently up 7.6 percent and 5.5 pe...

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