Caterpillar Stock Drops as FTC and USDA Seek Comments
Caterpillar shares fall with farm equipment stocks drop after federal regulators opened an inquiry into how the industry operates.
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Stocks fell and small caps slumped Wednesday as the 30-year Treasury yield hit 5.7%, a 24-year high, with Fed minutes and bond auctions ahead.
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Caterpillar shares fall with farm equipment stocks drop after federal regulators opened an inquiry into how the industry operates.
Major stock indices declined on October 7, 2026, as rising Treasury yields and oil price concerns pressured the market. The S&P 500 fell 0.51%, Nasdaq dropped 0.55%, and the Dow declined 0.98%. Caterpillar led declines with a 6% drop following an analyst downgrade, while Deere slid on federal inquiry news. ZIM Integrated Shipping Services gained after raising 2026 guidance. The Federal Reserve's September meeting minutes were expected later that day.
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