Big Capital Goods Leading Market Gains

Caterpillar Inc. (NYSE:CAT) shares are up 2.39% today as the company announces plans to add 200 jobs as part of an expansion to its facility in Georgia.

Joy Global (NASDAQ:JOYG) shares are up 3.87% today and up over 7% since last Wednesday when it announced its acquisition of LeTourneau Technologies Inc. from Rowan Companies (NYSE:RDC) for $1.1 billion in cash.

Cummins Inc. (NYSE:CMI) shares are up 2.07% today and 5.93% in the past two days after Fitch Ratings upgraded the company, saying its earnings outlook had improved.

General Electric (NYSE:GE) shares are up 1.40% today. The company recently appointed three new officers, obtained an $845 million credit facility to finance the construction of a California power plant, and today sold its rail car parts business to Wabtec Corp. (NYSE:WAB).

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