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Caterpillar Stock Breaks $1,000 Barrier, Surges 78% Year-to-Date

2026-06-23 03:01:11

According to market data, Caterpillar Inc. (CAT) stock broke through the $1,000 per share milestone on Monday, June 22, closing at $1,022.28, up 3.7% for the day. The stock is now outperforming the Dow Jones Industrial Average with a year-to-date gain of over 78%, marking a historic first-half performance. Analysts attribute the rally to strong demand from AI infrastructure and data center investments, with the company's Power and Energy segment now accounting for approximately 40% of total revenue.

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