Caterpillar Inc is trading 3% down at $888.05 as investors engage in profit-taking following a sharp multi-session rally driven by AI data-center and power-infrastructure optimism.
- The decline aligns with a broader risk-off tone across U.S. equities and cryptocurrencies, with major indices and digital assets trading lower as risk appetite cools.
- Investors are reassessing higher-for-longer interest rate risks, prompting a rotation out of recently strong industrial names linked to the AI boom.