Shares of Caterpillar Inc. CAT, 0.59% shed 0.42% to $216.71 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, 0.68% rising 0.52% to 4,319.94 and the Dow Jones Industrial Average DJIA, 0.45% rising 0.38% to 34,633.53. Caterpillar Inc. closed $29.98 short of its 52-week high ($246.69), which the company reached on June 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Deere & Co. DE, -0.42% rose 0.45% to $354.29, General Electric Co. GE, -0.78% rose 0.15% to $13.48, and Cummins Inc. CMI, -0.06% fell 0.69% to $242.13. Trading volume (2.4 M) remained 1.3 million below its 50-day average volume of 3.7 M.