Old-economy stocks lead the Dow as inflation cools and earnings roll in
Old-economy names drive the Dow higher in 2026 (Boeing ~12%, Caterpillar ~12%, Sherwin-Williams ~10%), while Visa and Salesforce drag; JPMorgan beat Q4 estimates fueling premarket gains; other headlines include L3Harris IPO plans, Delta's mixed results, core CPI up 2.6% y/y vs 2.8% expected, Intel/AMD upgrades from KeyBanc on hyperscaler demand, Reddit growth optimism from Evercore ISI, and global central banks defending Powell's independence as Trump imposes a 25% tariff on Iran trade; futures were little changed.