: Vulcan, Caterpillar stocks surge as infrastructure bill’s passage gives big boost to materials makers

Shares of Vulcan Materials Co. and Caterpillar Inc. surged in premarket trading Monday, as the passage of the $1.2 trillion infrastructure bill, finally, prompted a rallying cry from investors of and construction materials and equipment companies.

The bill is expected to include $312 billion in spending on transportation, of which $109 billion is earmarked for roads, bridges and major projects, said Stifel Nicolaus analyst Stanley Elliott.

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