Stock Market Update

[BRIEFING.COM] The major averages are little changed from previous levels as the market now moves in a sideways fashion after its initial push. 

Caterpillar (CAT 592.32, +67.85, +12.94%) is one of the better-performing names in both the S&P 500 and DJIA today after the company delivered a strong 3Q25 report that exceeded expectations across most key metrics, even as tariffs and higher operating costs weighed on profitability.

While EPS slipped year-over-year and tariffs remain a significant profit headwind, the company's revenue momentum and backlog strength suggest durable demand rather than a one-time spike. The ongoing cost drag from tariffs and R&D spending tempers margin expansion in the near term, yet investments in innovation and capacity position CAT to capitalize on emerging high-growth verticals such as data center power support.