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It’s time for Yahoo Finance’s Market Minute.
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US stocks climbing on Friday, looking to end the week with a bounce back from a week-long tech bruising.
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Wall Street reassessing worries about the impact of AI disruption and the risks of hefty big tech spending.
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Market also welcoming better than expected consumer sentiment in February, hitting the highest level since August.
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Continuing on a high note, shares of Caterpillar rise to an intraday record high, helping to lift the Dow Industrials to its own all-time high.
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Caterpillar seeing sizable gains so far this year reflecting expectations that increased spending on AI and data center infrastructure will provide fuel for the industrial giant’s growth.
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Plus, Under Armor stock surging after surprising investors with a profit in the third quarter.
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Company also lifting its full-year earnings outlook topping Wall Street’s expectations.
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And that’s your Yahoo Finance market minute. Scan the QR code below to track the best and worst performing stocks of the trading session.