Posted 2/5/2024, 1:13:00 PM
Stocks Mixed as Caterpillar Rises on Earnings Beat, McDonald's Falls Short
- Dow Jones Industrial Average slips as Caterpillar and McDonald's report earnings; Nvidia surges on Goldman Sachs upgrade
- Caterpillar jumps 5% on strong earnings; McDonald's falls 2% after missing revenue targets
- Nvidia rallies 4% as Goldman adds to Conviction Buy List, hikes price target to $800
- Key economic data this week ISM services index, earnings from Disney, Amgen, Ford
- Dow rebounds Friday with Nasdaq at record high; market exposure raised to 80%-100% amid rally