Caterpillar, McDonald's and 3M Earnings Fuel Stock Rebound

Strong earnings from Dow components Caterpillar, McDonald's and 3M were on track to push the blue-chip index higher after a 0.23% decline on Monday.

Author:: Scott Gamm
Publish date:: Oct 24, 2017 10:25 AM EDT

Strong earnings from Dow components Caterpillar (CAT) - Get Report , McDonald's (MCD) - Get Report and 3M (MMM) - Get Report were on track to push the blue-chip index higher after a 0.23% decline on Monday.

John Eade, CEO of Argus Research, was pleased to see companies raising their fourth quarter outlooks.

Eade also pointed to the "buy on the dip strategy," which has been in focus throughout 2017 as volatility dips to multi-decade lows.

Keep These Earnings on Your Radar on Tuesday:

McDonald's Corp (MCD) - Get Report , Advanced Micro Devices Inc. (AMD) - Get Report , AT&T Inc. (T) - Get Report , Texas Instruments Inc. (TXN) - Get Report , Chipotle Mexican Grill Inc. (CMG) - Get Report , Fiat Chrysler Automobiles N.V. (FCAU) - Get Report , General Motors Co. (GM) - Get Report , Biogen Inc. (BIIB) - Get Report , Eli Lilly & Co. (LLY) - Get Report , 3M Co. (MMM) - Get Report , Caterpillar Inc. (CAT) - Get Report , Lockheed Martin Corp. (LMT) - Get Report , Stanley Black & Decker Inc. (SWK) - Get Report , and United Technologies Corp.