Cummins is trading at $712.50 (7.2% up) after investors digested an update on its phased 2027 HELM engine rollout designed to meet proposed EPA emissions rules.
- The stock is trading sharply above its previous close of $664.65, bolstered by a broader risk-on sentiment that has seen major indices rise between 0.8% and 1.4%.
- Cyclicals and industrials are seeing increased demand as the market reacts to lower oil prices and improving expectations for durable goods.