Caterpillar, 3M stock rallies adding over 100 points to the Dow

The premarket surges in Caterpillar Inc.’s and 3M Co.’s stocks would add over 100 points to the Dow Jones Industrial Average , boosted by better-than-expected third-quarter earnings reports. Caterpillar’s stock rallied $9.07, or 6.9%, ahead of the open, on track to open at a record high. That would add about 62.5 points to the Dow’s price. 3M shares ran up $6.45, or 2.9%, in the premarket, and were also headed for a record high. That price gain would add about 44.5 points to the Dow. Dow futures climbed 125 points ahead of the open.

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From:: Stock Market News

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