Global stock indexes surged on Tuesday, with the Dow and S&P 500 reaching record highs due to upbeat forecasts from companies like Caterpillar.
Caterpillar's shares rose after the company increased its annual revenue growth forecast, benefiting from a buildout of AI data centers.
More than 80% of S&P 500 companies are beating analysts' earnings expectations for the last quarter, according to LSEG data.
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