Stock Market Update

07-Jan-26 12:30 ET
Caterpillar lower despite NVIDIA partnership
Dow -93.29 at 49368.58, Nasdaq +164.94 at 23712.14, S&P +17.53 at 6962.34

[BRIEFING.COM] The major averages remain near session highs, trading mixed shortly after midday. 

Caterpillar (CAT 608.34, -14.76, -2.37%) trades lower amid a tough session for the industrials sector (-0.5%) despite announcing a set of AI-powered and autonomous innovations.  The NVIDIA (NVDA 190.19, +2.95, +1.58%) Jetson Thor platform enables real-time AI inference on Cat construction, mining and power equipment, laying the foundation for next-generation autonomy and intelligent in-cab experiences. These upgrades will ensure assets are ready for AI-assisted and potentially autonomous operations.

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