Deere plows higher on Trump construction boom hopes

How will Trump fund infrastructure projects?

Nothing runs like a Deere — or John Deere stock. And there are hopes that the company could continue to plow higher thanks to President-elect Donald Trump’s ambitious infrastructure spending plans.

Shares of John Deere (DE) surged nearly 10% Wednesday to an all-time high after the construction and farm equipment giant reported earnings and sales that topped Wall Street’s forecasts.

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Economic news – CNNMoney.com

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