Industrials Up as Caterpillar Rallies - Industrials Roundup

Dow Jones

Oct 30

Shares of industrial and transportation companies rose after a strong round of earnings.

Caterpillar shares soared after the maker of construction and mining machinery said strong demand for its generators from data-center customers contributed to a surge in quarterly revenue.

Boeing's shares fell after the aerospace giant pushed back the first delivery of its new 777X model to 2027 due to certification-schedule issues, and booked a $4.9 billion noncash charge in the third quarter to account for the new setback.

European rival Airbus cut its production target for A220 narrow-body aircraft as supply-chain challenges continue to weigh on the European plane maker's manufacturing operations.

Detroit auto giant General Motors is laying off thousands of United Auto Workers-represented workers at factories that make electric vehicles and EV batteries as it retrenches from EVs after the end of federal subsidies and the elimination of some emissions regulations.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

October 29, 2025 17:18 ET (21:18 GMT)

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