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Wire

Caterpillar Outlook Strengthened by Power and Energy Momentum, UBS Says

Caterpillar (CAT) is positioned for continued earnings growth as demand in its power and energy segment accelerates and construction dealer inventories keep building, UBS Securities said Tuesday in a report.The company's expanding backlog and strengthening end-market trends provide greater clarity around 2027 and 2028 earnings, the report said.UBS raised its 2026-2028 EPS estimates, citing robust growth in natural-gas power generation, improving conditions in construction and resource industries, and rising oil and gas investment. The power and energy business is expected to account for more than 40% of Caterpillar's profit in 2027, UBS said.While Wall Street expectations are already elevated, Caterpillar still exhibits characteristics of a company entering a multiyear earnings expansion, UBS said. Backlog has climbed 70% in the past three quarters amid few near-term downside catalysts as demand remains strong across key markets, the report said.UBS lifted its price target on Caterpillar stock to $900 from $677 and kept its neutral rating.Price: $903.94, Change: $+38.58, Percent Change: +4.46%

$CAT
Wire

Top Midday Stories: Marvell Next Trillion-Dollar Firm, Nvidia CEO Reportedly Says; Anthropic Expands Mythos Access to 150 New Partners

All three major US stock indexes were up in late-morning trading Tuesday, as investors monitor developments between the US and Iran as well as oil price movements.In company news, Nvidia (NVDA) Chief Executive Jensen Huang said Marvell Technology (MRVL) is the next "trillion-dollar company," news outlets reported, citing Huang's appearance at a trade show in Taipei. Nvidia shares were up 0.9%, while Marvell shares were up 29.7%.Amazon-backed (AMZN) Anthropic said Tuesday it is expanding its Project Glasswing program to about 150 new organizations based in over 15 countries, granting them access to Claude Mythos Preview. The partnering organizations use Mythos to scan their codebases for vulnerabilities. So far, the 50 initial partners have found over 10,000 high- or critical-severity security flaws, Anthropic said. Separately, Amazon Web Services will be integrated with Workday (WDAY) Data Cloud, allowing developers to access governed HR and finance data through AWS Ai and analytics tools, Workday said. Amazon shares were down 0.3%, while Workday shares were down 7.1%.Hewlett Packard Enterprise (HPE) reported fiscal Q2 adjusted earnings late Monday of $0.79 per diluted share, up from $0.38 a year earlier and above the FactSet consensus of $0.53. Fiscal Q2 revenue was $10.7 billion, up from $7.63 billion a year ago and above the FactSet consensus of $9.78 billion. For fiscal Q3, the company expects adjusted EPS of $0.88 to $0.93 on revenue of $11.5 billion to $12.1 billion. Analysts polled by FactSet expect $0.58 and $10.9 billion, respectively. For its full-year guidance, the company now expects adjusted EPS of $3.35 to $3.45, up from its prior forecast of $2.30 to $2.50 and above the FactSet consensus of $2.42. Hewlett Packard shares were up 21.5%.Alphabet (GOOG, GOOGL) said Monday it plans to raise $80 billion in equity to help fund investments in AI compute infrastructure, including a $10 billion private placement to Berkshire Hathaway (BRK.A, BRK.B), split evenly between class A common stock at $351.81 per share and class C capital stock at $348.20 per share. Alphabet's class A shares were down 2.3%, while its class C shares were down 2.2%. Berkshire's class A shares were up 0.4%, while its class B shares were up 0.3%.President Donald Trump signed a proclamation on Tuesday lowering the tariffs on agricultural equipment and certain other equipment to 15% from 25%, the White House said. In addition, the existing category of industrial equipment subject to a 15% tariff was expanded to include mobile industrial equipment, like bulldozers and forklifts, "when imported from trade deal countries that are entitled to such treatment," the White House said. The proclamation also allows foreign companies to qualify for a 10% duty rate if their capital equipment includes at least 85% US melted and poured or smelted and cast steel or aluminum by weight, the White House said. The tariff changes will last until Dec. 31, 2027, the White House said. Shares of Deere (DE), Agco (AGCO), CNH Industrial (CNH) and Caterpillar (CAT) were up 5.3%, 6.1%, 10.1% and 4.7%, respectively.IBM (IBM) said Tuesday it plans to invest over $10 billion in quantum computing over the next five years. The investment will go toward research and development, capital expenditure, manufacturing scaling, ecosystem partnerships and M&A, the company said. IBM shares were up 1.1%.Price: $283.09, Change: $+63.66, Percent Change: +29.01%

$AGCO$AMZN$BRK.A$BRK.B$CAT$CNH$DE$GOOG$GOOGL$HPE$IBM$MRVL$NVDA$WDAY
Wire

Trump Lowers Tariffs on Agricultural Equipment to 15% From 25%

President Donald Trump signed a proclamation on Tuesday lowering the tariffs on agricultural equipment and certain other equipment to 15% from 25%, the White House said.Additionally, the existing category of industrial equipment subject to a 15% tariff was expanded to include mobile industrial equipment, like bulldozers and forklifts, "when imported from trade deal countries that are entitled to such treatment," the White House said.The proclamation also allows foreign companies to qualify for a 10% duty rate if their capital equipment includes at least 85% US melted and poured or smelted and cast steel or aluminum by weight, the White House said.The tariff changes will last until Dec. 31, 2027, to "spur near-term investments," the White House said.Price: $565.43, Change: $+23.00, Percent Change: +4.24%

$AGCO$CAT$CNH$DE
Research

Research Alert: CFRA Raises Opinion On Industrials To Overweight From Marketweight

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CFRA raises its investment outlook on the S&P 500 Industrials Sector, influenced by several reinforcing tailwinds, including a structural capex super-cycle anchored in AI data center buildouts, grid electrification, defense spending, and manufacturing reshoring. Each of these has multi-year visibility, which we think will outweigh some of the near-term noise and market headwinds. CFRA's current cap-weighted target price differential for the sector is +17.9%, which is above the 13.3% average for all stocks in the S&P 500. The Industrials sector also has positive relative strength versus the broader market that appears to us to have durability.

$CAT
Research

Research Alert: CFRA Raises Opinion On Industrials To Overweight From Marketweight

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CFRA raises its investment outlook on the S&P 500 Industrials Sector, influenced by several reinforcing tailwinds, including a structural capex super-cycle anchored in AI data center buildouts, grid electrification, defense spending, and manufacturing reshoring. Each of these has multi-year visibility, which we think will outweigh some of the near-term noise and market headwinds. CFRA's current cap-weighted target price differential for the sector is +17.9%, which is above the 13.3% average for all stocks in the S&P 500. The Industrials sector also has positive relative strength versus the broader market that appears to us to have durability.

$CAT
Insider Trading

Caterpillar Insider Sold Shares Worth $11,444,170, According to a Recent SEC Filing

Denise C Johnson, Group President, on May 14, 2026, sold 12,605 shares in Caterpillar (CAT) for $11,444,170. Following the Form 4 filing with the SEC, Johnson has control over a total of 49,825 common shares of the company, with 49,825 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/18230/000110465926062809/xslF345X05/tm2614830-1_4seq1.xml

$CAT
Insider Trading

Caterpillar Insider Sold Shares Worth $5,637,081, According to a Recent SEC Filing

Denise C Johnson, Group President, on May 13, 2026, sold 6,196 shares in Caterpillar (CAT) for $5,637,081. Following the Form 4 filing with the SEC, Johnson has control over a total of 49,825 common shares of the company, with 49,825 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/18230/000110465926061036/xslF345X05/tm2614666-1_4seq1.xmlPrice: $914.33, Change: $+12.03, Percent Change: +1.33%

$CAT
Insider Trading

Caterpillar Insider Sold Shares Worth $14,928,266, According to a Recent SEC Filing

Anthony D. Fassino, Group President, on May 11, 2026, sold 16,283 shares in Caterpillar (CAT) for $14,928,266. Following the Form 4 filing with the SEC, Fassino has control over a total of 47,549 common shares of the company, with 46,041 shares held directly and 1,508 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/18230/000110465926059243/xslF345X05/tm2614368-2_4seq1.xmlPrice: $905.35, Change: $-21.44, Percent Change: -2.31%

$CAT
Insider Trading

Caterpillar Insider Sold Shares Worth $14,399,861, According to a Recent SEC Filing

Andrew R J Bonfield, CFO Emeritus, on May 06, 2026, sold 15,674 shares in Caterpillar (CAT) for $14,399,861. Following the Form 4 filing with the SEC, Bonfield has control over a total of 52,935 common shares of the company, with 52,935 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/18230/000110465926057309/xslF345X05/tm2613952-2_4seq1.xml

$CAT
Insider Trading

Caterpillar Insider Sold Shares Worth $5,093,006, According to a Recent SEC Filing

Rodney Michael Shurman, Group President, on May 05, 2026, sold 5,639 shares in Caterpillar (CAT) for $5,093,006. Following the Form 4 filing with the SEC, Shurman has control over a total of 9,329 common shares of the company, with 2,546 shares held directly and 6,783 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/18230/000110465926056435/xslF345X05/tm2613823-1_4seq1.xml

$CAT
Wire

HSBC Raises Caterpillar Price Target to $1,100 From $850

Caterpillar (CAT) has an average rating of overweight and mean price target of $893.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $899.58, Change: $+24.80, Percent Change: +2.83%

$CAT
Research

Research Alert: CFRA Upgrades Rating On Shares Of Caterpillar Inc. To Buy From Sell

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Following Q1 results, we lift our 12-month target to $1,050 from $700, valuing shares at 36x our 2027 EPS outlook of $29.21 (lifted from $27.57; 2026 EPS forecast revised to $24.31 from $22.62), a premium to CAT's historical multiple range. With broadening growth across CAT's machinery portfolio and better than anticipated management of tariff impacts ($2.2 to $2.4 billion impact guided, down from $2.6 billion initial outlook), we view the multiple as more justified. Order backlog expansion stood out to us in Q1, hitting a record $63 billion following a $12 billion sequential jump. Supportive commodity prices and dealer inventory restocking contributed to cyclical strength in orders for construction and mining machinery, with these better-than-expected trends underpinning our upgraded earnings forecasts for 2026 and 2027. Q1 further validated CAT's Power & Energy business as a core growth engine for the company, with the 2030 sales target for power generation being lifted to more than 3x its 2024 baseline.

$CAT
Wire

Caterpillar's Execution Amid Headwinds, Solid Backlog Support Longer Term Growth, Morgan Stanley Says

Caterpillar's (CAT) execution in the face of ongoing macro headwinds as well as its solid backlog of $63 billion continue to aid an attractive longer term growth, Morgan Stanley said in a Friday note.The company raised its near-term and longer term outlooks on the back of its strong Q1 results and capacity investments in its large reciprocating engines, Morgan Stanley said, adding that the confidence is further bolstered by rising capex from several hyperscalers.Morgan Stanley said it has shifted its valuation methodology on Caterpillar to a multi-growth stage discounted cash flow that assumes a 2025 to 2030 sales compound annual growth rate of 12%, a 2030 to 2040 CAGR of 8% and discounts steady 30% incremental margins and no material downturn in the core cyclical construction or mining businesses.Morgan Stanley upgraded its rating on the company's stock to equalweight from underweight and adjusted its price target to $915 from $430.Price: $887.85, Change: $-2.26, Percent Change: -0.25%

$CAT
Wire

BofA Securities Adjusts Caterpillar Price Target to $989 From $930, Maintains Buy Rating

Caterpillar (CAT) has an average rating of overweight and mean price target of $860.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $900.44, Change: $+10.33, Percent Change: +1.16%

$CAT
Wire

Oppenheimer Adjusts Price Target on Caterpillar to $980 From $832, Maintains Outperform Rating

Caterpillar (CAT) has an average rating of overweight and mean price target of $841.70, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $902.41, Change: $+12.30, Percent Change: +1.38%

$CAT
Research

Morgan Stanley Upgrades Caterpillar to Equalweight From Underweight, Adjusts PT to $915 From $430

Caterpillar (CAT) has an average rating of overweight and mean price target of $841.70, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$CAT
US Markets

S&P 500, Nasdaq Notch New Peaks, Log Best Month Since 2020

The S&P 500 and the Nasdaq Composite hit new closing highs on Thursday, with the two equity indexes recording their biggest monthly gains since 2020.The S&P 500 rose 1% to 7,209, while the Nasdaq climbed 0.9% to 24,892.3, both logging record closing highs. The Dow Jones Industrial Average jumped 1.6% to 49,652.1. Barring technology, all sectors were in the green, led by communication services' 4% jump.This month, the Nasdaq jumped 15.3%, logging its best monthly performance since April 2020. The S&P 500 gained 10.4%, the biggest monthly gain since November 2020. The Dow climbed 7.1%.In company news, Alphabet's (GOOG, GOOGL) first-quarter results exceeded Wall Street's estimates late Wednesday as revenue for Google's cloud and services businesses climbed. Alphabet increased its 2026 capital expenditure guidance to up to $190 billion. Shares climbed 10%.Caterpillar (CAT) surged 9.9%, the best performer on the Dow. The heavy equipment manufacturer raised its full-year sales outlook as its first-quarter results exceeded market expectations.Eli Lilly (LLY) lifted its full-year outlook, while the drugmaker reported first-quarter results above market estimates. The stock advanced 9.8%.Meta Platforms (META) shares plunged 8.6%, among the steepest declines on the S&P 500. The Facebook parent late Wednesday raised its full-year capital expenditure guidance mainly due to higher component pricing.Microsoft (MSFT) shares declined 3.9%, the second-worst performer on the Dow, as the tech giant said late Wednesday its capital expenditure will be about $190 billion in 2026. The company's aggressive capital expenditure will likely keep free cash flow under pressure in the near term, Truist Securities said in a note.Brent crude fell 3.3% at $114.09 per barrel, having topped $126 earlier in the day. West Texas Intermediate fell 1.8% to $105.01.On Wednesday, the Federal Reserve kept its benchmark lending rate steady, saying the Iran war is fueling uncertainty around the US economic outlook.The most recent policy statement had an implied easing bias, but that could soon be removed amid a growing divide among policymakers over the direction of interest rates, Stifel said in a note Thursday.US Treasury yields were lower, with the 10-year rate down 2.4 basis points at 4.41% and the two-year rate falling 7.8 basis points to 3.89%.US economic growth fell short of Wall Street's expectations in the first quarter as spending slowed amid inflationary pressures that economists said will likely keep consumers under pressure."The core of the economy remained solid in (the first quarter), driven by the (artificial intelligence) buildout and the tax cuts beginning to feed through," Oxford Economics Chief US Economist Michael Pearce said in remarks emailed to. "Those factors will continue to drive growth over the rest of the year, but the jump in energy prices will take some of the shine off what would otherwise have been a strong year for the economy."Separate official data showed that US inflation, as measured by the personal consumption expenditure price index, accelerated in March to the fastest pace since mid-2022 as the Middle East conflict sent energy prices soaring."Inflationary pressures continued to percolate," Ksenia Bushmeneva, economist at TD Economics, said in a report. "The situation around the energy crisis remains uncertain and gas prices are likely to remain elevated for some time."Gold rose 1.6% at $4,635 per troy ounce, while silver advanced 2.9% to $74.18 per ounce.

Dow JonesNasdaq CompositeS&P 500$CAT$GOOG$GOOGL$LLY$META$MSFT
International

US Equity Indexes Jump as Tech Earnings, Q1 Economic Growth Help Trigger Broad-Based Rally

US equity indexes rose in a broad-based rally as the impact of artificial intelligence showed in corporate earnings, and a preliminary Q1 economic growth estimate helped investors put ongoing geopolitical tensions on the back burner.The Dow Jones Industrial Average surged 1.6% to 49,652.14, with the S&P 500 up 1% to 7,209.01 and the Nasdaq Composite higher by 0.9% to 24,892.31 on Thursday. Communication services, industrials, and utilities led the gainers, while technology emerged as the sole decliner.Alphabet (GOOG, GOOGL) shares jumped 10%, among the leaders on the Nasdaq, after the company late Wednesday reported Q1 earnings and revenue above market expectations. Qualcomm's (QCOM) shares soared 15%, among the top performers on the S&P 500 and the Nasdaq, after the firm posted better-than-expected fiscal Q2 adjusted earnings and sales. Caterpillar (CAT) raised its full-year sales growth outlook as Q1 results exceeded consensus. Its shares soared 9.9%, the Dow's leader.Meta Platforms' (META) shares sank 8.6%, among the worst performers on the S&P 500 and the Nasdaq, after the company overnight raised its forecast for 2026 capital expenditures, overshadowing its Q1 earnings and revenue beat.Microsoft (MSFT) said Wednesday that it expects capital expenditures of $190 billion for the 2026 calendar year, including roughly $25 billion from higher component pricing. Shares were down 3.9%, among the steepest decliners on the Nasdaq and the Dow.In economic news, gross domestic product rose by 2.0% annualized in Q1 following a 0.5% gain in Q4, according to an advance estimate of economic growth, slower than the 2.3% increase expected in a survey compiled by Bloomberg.Non-residential investment was "very strong overall, driven by investment in information processing equipment, software, and R&D, overwhelming declines in both residential and non-residential structures," Thomas Simons, Jefferies Chief US Economist, said in a note. "The impact of AI infrastructure investment is clearly evident in the data, driving growth beyond the strength of the consumer."The personal consumption expenditures price index increased by 0.7% in March, as expected, lifting the year-over-year rate to 3.5% from 2.8%. The price index increased by 0.4% month-over-month in February. The core PCE price index increased by 0.3%, as forecast, following a 0.4% gain in February. The year-over-year rate accelerated to 3.2%, in line with expectations, from 3.0% in the previous month.Initial jobless claims fell to 189,000 in the week ended April 25 from an upwardly revised 215,000 in the previous week, compared with expectations for an increase to 212,000 in a survey of analysts compiled by Bloomberg. The four-week moving average declined by 3,500 to 207,500.In geopolitics, US President Donald Trump will hear about updated military options for Iran from Pentagon officials on Thursday, as a possible way of forcing Tehran into an agreement, CNN reported. Trump's current strategy is to inflict economic pain on Iran.Iran's new supreme leader gave a rare statement Thursday, vowing not to give up the country's nuclear or missile technologies and signaling Tehran would keep control of the Strait of Hormuz, Bloomberg reported. Iran will "guard" its "advanced technologies" like it does its own borders, Mojtaba Khamenei was cited as saying in a written statement. It will "secure the Persian Gulf region and dismantle the hostile enemy's exploitation of this waterway," he added, referring to the strait.Nevertheless, West Texas Intermediate crude oil futures fell 1.4% to $105.41, and Brent crude futures dropped 3.4% to $114.01.Most US Treasury yields declined, with the 10-year down 3.8 basis points to 4.38%, and the two-year slumped 5.9 basis points to 3.87%.In precious metals, gold futures climbed 1.5% to $4,629.3, and silver futures jumped 3.1% to $73.81.

Dow JonesNasdaq CompositeS&P 500$CAT$GOOG$GOOGL$META$MSFT$QCOM
International

US Equity Indexes Jump as Earnings Help Trigger Broad-Based Rally

US equity indexes surged in a broad-based rally led by communication services and industrials ahead of the close on Thursday, whistling past a worsening geopolitical environment.The Dow Jones Industrial Average jumped 1.8% to 49,733.1, with the S&P 500 up 1.1% to 7,216.5 and the Nasdaq Composite higher by 1% to 24,923.8. Technology was the sole decliner, but was off session lows in the final leg of trading.Alphabet's (GOOG, GOOGL) shares jumped 7%, among the leaders on the Nasdaq, after the company overnight reported higher Q1 earnings and revenue that topped market expectations. Qualcomm's (QCOM) shares soared 14%, the top performer on the S&P 500 and the Nasdaq, after the company posted better-than-expected fiscal Q2 adjusted earnings and revenue late Wednesday. Caterpillar (CAT) raised its full-year sales growth outlook as Q1 results exceeded market expectations. Its shares soared 8.7%, the Dow's leader.US President Donald Trump will hear about updated military options for Iran from Pentagon officials on Thursday, as a possible way of forcing Tehran into an agreement, CNN reported. Trump's current strategy is to inflict economic pain on Iran.Iran's new supreme leader gave a rare statement Thursday, vowing not to give up the country's nuclear or missile technologies and signaling Tehran would keep control of the Strait of Hormuz, Bloomberg reported. Iran will "guard" its "advanced technologies" like it does its own borders, Mojtaba Khamenei was cited as saying in a written statement. It will "secure the Persian Gulf region and dismantle the hostile enemy's exploitation of this waterway," he added, referring to the strait.Nevertheless, West Texas Intermediate crude oil futures fell 1.6% to $105.22, and Brent crude futures dropped 3.4% to $114.01.In economic news, the US core personal consumption expenditures price index, the Federal Reserve's preferred inflation gauge, rose to 3.2% year-on-year in March from 3%, meeting expectations. Core PCE climbed 0.3% month-over-month, as expected, but down from the 0.4% reported in February.Most US Treasury yields dropped, with the 10-year down 3.2 basis points to 4.38%, and the two-year slumped 5.3 basis points to 3.88%.

Dow JonesNasdaq CompositeS&P 500$CAT$GOOG$GOOGL$QCOM
US Markets

Equities Rise Intraday as Traders Track Earnings Reports; Oil Prices Pull Back

US benchmark equity indexes were higher intraday as investors digested the latest batch of corporate results, while oil prices turned lower.The Dow Jones Industrial Average was up 1.5% at 49,601.7 after midday Thursday, while the S&P 500 rose 0.7% to 7,187.1. The Nasdaq Composite climbed 0.5% to 24,800.9. Barring technology, all sectors were in the green, led by communication services' 3.5% jump.In company news, Caterpillar (CAT) shares surged 10% intraday, the best performer on the Dow and among the biggest gainers on the S&P 500. The heavy equipment manufacturer raised its full-year sales outlook as its first-quarter results exceeded market expectations.Eli Lilly (LLY) lifted its full-year outlook, while the drugmaker reported first-quarter results above market estimates. The stock was up 10%.Meta Platforms (META) shares plunged 9.2%, among the steepest declines on the S&P 500, as the Facebook parent raised its full-year capital expenditure guidance mainly due to higher component pricing.Microsoft (MSFT) shares were down 5.8%, the worst performer on the Dow, as the tech giant said its capital expenditures will be about $190 billion in 2026, while its fiscal third-quarter results topped market estimates.iPhone maker Apple (AAPL) is scheduled to release its quarterly earnings after the markets close.Oil prices pulled back after surging in the previous session, with Brent crude down 3.5% at $113.94 per barrel, having topped $126 earlier in the day. West Texas Intermediate fell 2.5% to $104.22.In economic news, US economic growth fell short of Wall Street's expectations in the first quarter as spending slowed amid inflationary pressures that economists said will likely keep consumers under pressure."The core of the economy remained solid in (the first quarter), driven by the (artificial intelligence) buildout and the tax cuts beginning to feed through," Oxford Economics Chief US Economist Michael Pearce said in remarks emailed to. "Those factors will continue to drive growth over the rest of the year, but the jump in energy prices will take some of the shine off what would otherwise have been a strong year for the economy."US inflation, as measured by the personal consumption expenditure price index, accelerated in March to the fastest pace since mid-2022 as the Middle East conflict sent energy prices soaring."Inflationary pressures continued to percolate," Ksenia Bushmeneva, economist at TD Economics, said in a report. "The situation around the energy crisis remains uncertain and gas prices are likely to remain elevated for some time."On Wednesday, the Fed kept its benchmark lending rate steady, saying the Iran war is fueling uncertainty around the US economic outlook.US Treasury yields were lower intraday, with the 10-year rate down 3.8 basis points at 4.40% and the two-year rate falling 6.9 basis points to 3.90%.Gold rose 1.3% at $4,620 per troy ounce, while silver advanced 2% to $73.51 per ounce.

Dow JonesNasdaq CompositeS&P 500$AAPL$CAT$LLY$META$MSFT

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