Shares of Caterpillar Inc. CAT inched 0.07% higher to $244.02 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.88% to 4,229.89 and the Dow Jones Industrial Average DJIA rising 0.52% to 34,756.39. This was the stock's fourth consecutive day of gains. Caterpillar Inc. closed $2.42 short of its 52-week high ($246.44), which the company reached on June 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Deere & Co. DE fell 0.63% to $356.64, General Electric Co. GE fell 0.92% to $13.96, and Cummins Inc. CMI rose 1.25% to $264.22. Trading volume (1.8 M) remained 928,363 below its 50-day average volume of 2.8 M.