Caterpillar (CAT.US) has retreated nearly 30% from its all-time high as high oil prices and the cooling of the AI sector put pressure on industrial stocks.

智通财经2026/10/15 02:06

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According to Zhitong Finance APP, Caterpillar (CAT.US) shares are heading towards a drop of more than 30% from their historical peak. High crude oil prices, rising US Treasury yields, and a cooling of the artificial intelligence (AI) trading narrative are causing continued pressure across the entire industrial sector.

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Caterpillar (CAT.US) has retreated nearly 30% from its all-time high as high oil prices and the cooling of the AI sector put pressure on industrial stocks.

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