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Markets Set to Open Higher, Caterpillar Tops Forecasts

By: Nicole Urken | 01/27/14 - 09:27 AM EST

NEW YORK (TheStreet) - Take a quick look at my video, rounding up market movers this morning:

U.S. markets set to open higher, signaling the index will rebound after its worst week since June 2012. In Europe, stocks fell as China and Indonesia led a drop in emerging markets. In the commodities space, US natural gas climbed to their highest level since February 2010 with the polar vortex set to make a return appearance this week. January is on track to be the coldest month of the century in the lower 48 states. In corporate news, Caterpillar is back up above $92. The heavy equipment maker says earnings and revenue topped analyst estimates. Caterpillar also said it approved a $10 billion buyback plan.

--Written by Nicole Urken in New York.

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Other Posts In Nicole's Stocks and the City:

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03/19/14 - 01:58 PM EDT

Tech in Transition: The Winners

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