Caterpillar Mining Restructuring Boosts 2% Surge with $1.18 Billion Volume Ranking 72nd in U.S. Market

Caterpillar Inc. . 11, , ranking 72nd among U.S. stocks. The move follows a strategic shift in its mining equipment division, . This adjustment aligns with Caterpillar’s broader strategy to optimize inventory levels, which has historically supported price resilience during sectoral downturns.

, enabling the firm to accelerate R&D investments in autonomous construction machinery. While the decision raised concerns over leverage, it underscored Caterpillar’s commitment to maintaining market share in a competitive landscape dominated by electric vehicle transitions and AI-driven equipment. The firm’s recent earnings report, released three days prior, .

To set up this back-test accurately I’ll need to confirm a few details: 1. Universe • Do you want the entire U.S. stock market (all listed common stocks) or a specific universe (e.g., S&P 500 constituents)? • Are ADRs, ETFs, REITs, etc., excluded? 2. Weighting & rebalancing • Should the 500 selected names be equally weighted each day? • Positions will be opened at the next day’s open and closed at that same day’s close (i.e., 1-day holding period), unless you prefer another price convention. 3. Transaction costs • Should we include commissions or slippage? If so, please specify. 4. Benchmark • Would you like the results compared against any benchmark (e.g., SPY)? Once I have these details I can proceed with the data plan and run the back-test for 2022-01-01 through today.