Caterpillar Inc. Plunges 1.81% as Construction Demand Weakens Ranks 54th in $1.94 Billion Trade

Caterpillar Inc. (CAT) closed 1.81% lower on October 10, 2025, with a trading volume of $1.94 billion, ranking 54th among U.S. equities by dollar turnover. The decline came amid mixed signals from its core industrial markets and evolving macroeconomic conditions.

Analysts highlighted subdued demand in North American construction and mining sectors, which comprise a significant portion of Caterpillar's revenue base. Recent industry reports indicated a slowdown in equipment utilization rates, tempering near-term growth expectations. Additionally, elevated interest rates continued to pressure capital-intensive industries, with investors recalibrating risk exposure ahead of potential Federal Reserve policy updates.

Technical indicators showed bears gaining control as the stock tested key support levels. The 50-day moving average currently acts as a critical threshold, with a break below $220 potentially triggering deeper corrective moves. However, long-term holders remain cautiously optimistic about cyclical recovery in heavy machinery demand during 2026's infrastructure spending cycle.

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