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.
