The Zhitong Finance App learned that thanks to strong demand for power generation equipment, construction machinery and mining products, heavy equipment manufacturer Caterpillar (CAT.US)'s second-quarter earnings report on Tuesday easily surpassed Wall Street expectations with record results, surging more than 11% before the market. By the close of trading on Monday, the stock had accumulated a cumulative increase of 45% during the year.

The Zhitong Finance App learned that thanks to strong demand for power generation equipment, construction machinery and mining products, heavy equipment manufacturer Caterpillar (CAT.US)'s second-quarter earnings report on Tuesday easily surpassed Wall Street expectations with record results, surging more than 11% before the market. By the close of trading on Monday, the stock had accumulated a cumulative increase of 45% during the year.