Wall Street opens higher on Caterpillar
Stocks opened modestly higher on Monday as strong earnings from Caterpillar offset concerns European policymakers were struggling to narrow differences in tackling the region's debt crisis.
Caterpillar Inc jumped 5 percent to $91.76 after the heavy equipment maker reported a quarterly profit that topped estimates on record revenues. For details, see
The Dow Jones industrial average <.DJI> was up 29.67 points, or 0.25 percent, at 11,838.46. The Standard & Poor's 500 Index <.SPX> was up 2.33 points, or 0.19 percent, at 1,240.58. The Nasdaq Composite Index <.IXIC> was up 8.76 points, or 0.33 percent, at 2,646.22.
(Reporting by Ryan Vlastelica; editing by Jeffrey Benkoe)
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