Crude Oil Surges 3%; Caterpillar Shares Gain After Q4 Results

by | Jan 29, 2026 | General

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dipping over 1% on Thursday.

The Dow traded down 0.16% to 48,939.41 while the NASDAQ fell 1.36% to 23,533.76. The S&P 500 also fell, dropping, 0.66% to 6,931.67.

Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings

Leading and Lagging Sectors

Energy shares gained by 1.7% on Thursday.

In trading on Thursday, information technology stocks fell by 3.6%.

Top Headline

Caterpillar Inc. (NYSE:CAT) shares gained over 3% on Thursday after the company reported earnings for the fourth quarter.

For the fourth quarter of 2025, sales and revenues were $19.133 billion, up 18% from $16.215 billion in the prior-year period. Adjusted profit per share was $5.16, beating a $4.66 estimate, while revenue exceeded a $17.851 billion estimate.

Fourth-quarter profit per diluted share (GAAP) was $5.12, compared with $5.78 a year earlier. Operating profit was $2.660 billion, down 9%, and operating profit margin was 13.9% versus 18.0% in the fourth quarter of 2024.

Equities Trading UP
           

  • Liberty Energy Inc (NYSE:LBRT) shares shot up 21% to $26.38 following upbeat quarterly results.
  • Shares of Modine Manufacturing Co (NYSE:MOD) got a boost, surging 20% to $177.00 after the company announced it will spin-off and combine its Performance Technologies business with Gentherm.
  • Royal Caribbean Cruises Ltd (NYSE:RCL) shares were also up, gaining 15% to $334.68 after the company reported fourth-quarter financial results and issued FY26 adjusted EPS guidance above estimates.

Equities Trading DOWN

  • Fractyl Health Inc (NASDAQ:GUTS) shares dropped 68% to $0.58. The company announced six-month randomized results from the ongoing REMAIN-1 Midpoint Cohort.
  • Shares of Joby Aviation Inc (NYSE:JOBY) were down 18% to $10.98 after the company announced it filed for a $1 billion offering.
  • SAP SE (NYSE:SAP) was down, falling 17% to $196.02 after the company reported worse-than-expected quarterly sales results.

Commodities

In commodity news, oil traded up 3.1% to $65.18 while gold traded down 0.6% at $5,271.60.

Silver traded down 1.3% to $112.120 on Thursday, while copper rose 4.3% to $6.1815.

Euro zone

European shares were mixed today. The eurozone’s STOXX 600 fell 0.24%, while Spain’s IBEX 35 Index fell 0.29%. London’s FTSE 100 rose 0.19%, Germany’s DAX fell 2.12% and France’s CAC 40 gained 0.21% during the session.

Asia Pacific Markets

Asian markets closed higher on Thursday, with Japan’s Nikkei gaining 0.03%, Hong Kong’s Hang Seng Index gaining 0.51%, China’s Shanghai Composite rising 0.16% and India’s BSE Sensex gaining 0.27%.

Economics

  • U.S. initial jobless claims fell by 1,000 to 209,000 from the revised reading in the previous week, compared to market estimates of 205,000.
  • The trade deficit rose sharply to $56.8 billion in November, from a $29.2 billion gap in the previous month.
  • Nonfarm business sector labor productivity rose by 4.9% in the third quarter, versus a 4.1% growth in the prior quarter.
  • Unit labor costs in the nonfarm business sector fell by 1.9% in the third quarter, following a 2.9% decline in the previous quarter.
  • U.S. wholesale inventories increased by 0.2% to $915 billion in November, the same pace as in the previous month.
  • U.S. factory orders climbed by 2.7% from the previous month to $621.6 billion in November.
  • U.S. natural-gas stocks fell by 242 billion cubic feet storage in the week ended Jan. 23.

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