Caterpillar leads gains in large-cap industrials during busy earnings week

Oct. 28, 2022 4:52 PM ETIndustrial Select Sector SPDR ETF (XLI), CATGE, BA, UPS, LMT, NOC, UNP, DE, HON, RTXBy: Rob Williams NY, SA News Editor4 Comments

Caterpillar (NYSE:CAT) rose more than 15% percent for the week ended Oct. 28, performing the best among large-cap industrial companies – many of which reported earnings.

Caterpillar said its earnings had reached a record during the third quarter on strong

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