Caterpillar Stock Drops Amid Higher Treasury Yields

Caterpillar stock closed lower on September 24, 2026, after a 2.1 percent drop as the Dow Jones Industrial Average declined by 0.3 percent to 51,349.98.

Rising Treasury yields contributed to the broader market pressure, which saw the 30-year Treasury yield reach its highest level since 2004 due to rising oil prices.

The S&P 500 closed at 7,704.13 on September 24, while Caterpillar's decline accounted for about 100 points of the Dow's fall.