The post The One Stock Now Controlling DIA’s Next Move: Why Caterpillar’s Power Generation Backlog Matters More Than Apple appeared first on 24/7 Wall St..
SPDR Dow Jones Industrial Average ETF Trust (DIA) — Caterpillar's 73% YTD surge makes one industrial stock the most important holding.
Price-weighting means Caterpillar now influences DIA twice as much as Apple despite Apple's vastly larger market capitalization.
Hyperscaler AI spending su…