Caterpillar and other machinery stocks made gains early Monday after the House of Representatives passed a $1.2 trillion infrastructure bill at the end of last week.
Heavy-equipment manufacturer Caterpillar (ticker: CAT) was one of the biggest risers in Monday trading, jumping more than 4% as the bill paved the way for billions of dollars in new funding for infrastructure projects. Farm equipment giant Deere (DE) and global power leader Cummins (CMI) also moved higher.
President…