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Caterpillar Drops 4% as AI Data Center Trade Unwinds, Dragging US30 Lower

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Caterpillar fell 4% as concerns over an unwinding AI data center infrastructure trade emerged following comments by AI leaders urging slower capability expansion.
  • The decline pressured the industrial sector and the Dow Jones, while peers without AI data center exposure, such as Deere, remained resilient.
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US30 price history

52421.20 +11.27% over the displayed period

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