Summary Box: Caterpillar pulls Dow higher

AP News
Posted: Apr 29, 2011 5:38 PM
Summary Box: Caterpillar pulls Dow higher

FLYING CATERPILLAR: Caterpillar drove the Dow Jones industrial average higher Friday after the company reported a huge gain in first-quarter earnings. The world's largest maker of mining and construction equipment rose 2.5 percent after its earnings increased more than five-fold.

APRIL HIGHS: The Dow gained 4 percent in April, its best month since December. Stronger corporate earnings pushed major stock market indexes to 2011 highs in the last week of the month.

THE INDEXES: The Dow rose 47.23 points to close at 12,810.54. The S&P 500 index rose 3.13 points to 1,363.61. The Nasdaq added 1.01 point to 2,873.54.