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Why U.S. Steel Stocks Were Soaring Today
A Trump victory could mean higher tariffs on foreign steel, with a key merger in limbo.
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +1.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.32%. Stocks rallied on Tuesday, supported by some positive corporate news. Chip stocks rose, led...
Cleveland-Cliffs (CLF) Q3 2024 Earnings Call Transcript
CLF earnings call for the period ending September 30, 2024.
Why Cleveland-Cliffs Stock Sank Today
The auto sector is hurting Cleveland-Cliffs right now.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.95%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.88%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.08%. Stocks are climbing today, supported by some positive corporate news. Chip stocks are moving...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.74%. Stocks today are trading moderately higher, supported by some positive corporate news. Chips stocks...
December S&P 500 E-Mini futures (ESZ24) are up +0.21%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.27% this morning as investors braced for the closely contested U.S. presidential election, while also awaiting a new round of economic data and corporate earnings reports.
S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index
/CNW/ - Cleveland-Cliffs Inc (NYSE:CLF) and Stelco Holdings Inc. (TSX:STLC) have agreed to merge in a cash and stock combination. Each share of Stelco Holdings...
S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index
TORONTO , Oct. 30, 2024 /CNW/ - Cleveland-Cliffs Inc (NYSE:CLF) and Stelco Holdings Inc. (TSX:STLC) have agreed to merge in a cash and stock combination. Each share of Stelco Holdings will be exchanged for 0.454 new Cleveland-Cliffs shares and $60.00 CAD cash. The transaction has received shareholder and regulatory approvals and is expected to close on November 1, 2024 , subject to customary closing conditions. Stelco Holdings shares are expected to delist shortly after closing of the transaction. As a result, Stelco Holdings's shares will be removed from the S&P/TSX Composite Index prior to the open of trading on November 5, 2024 .
Some analysts believe that stock markets are pricing a Trump victory in the upcoming U.S. presidential elections. Nucor and ExxonMobil look like two Dividend Aristocrats to buy for investors looking to bet on a second Trump presidency.
Why XPeng, Li Auto, and Even Cleveland-Cliffs Stocks Soared This Week
The world's second-largest economy signaled it plans to keep growing.
2 Top Steel Stocks to Buy in September
When it comes to making steel, there's the old way and the new way. The new way is better through the cycle.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.57%. US stocks today are moving lower, with the Nasdaq 100 falling to a 1-1/2...
September S&P 500 E-Mini futures (ESU24) are down -0.04%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.05% this morning as investors awaited a fresh batch of U.S. economic data and braced for Nvidia’s financial report due on Wednesday.
Cleveland-Cliffs is trading near its 52-week lows, even as the S&P 500 Index is eyeing record highs. The beaten-down stock could be a good bet for aggressive investors looking to play a recovery in U.S. steel markets.
Kamala Harris and Donald Trump are running almost neck and neck in the latest polls. Here are the policy-sensitive stocks to watch amid the looming U.S. presidential elections in November.
Cleveland-Cliffs (CLF) Q2 2024 Earnings Call Transcript
CLF earnings call for the period ending June 30, 2024.
Cleveland-Cliffs will make electrical transformers at shuttered West Virginia tin plant
Cleveland-Cliffs says it will produce electrical transformers at a West Virginia facility that closed earlier this year
We are looking for sustainable dividends from steelmakers poised to gain from a growing U.S. economy
Cleveland-Cliffs Inc. announced Monday it had reached a friendly deal to acquire the Canadian steel maker for $3.85-billion
Cleveland-Cliffs To Buy Canada’s Stelco For $3.85 Billion
American steel manufacturer Cleveland-Cliffs (CLF) is buying Canadian rival Stelco Holdings (STLC) for ...
Nippon's acquisition of U.S. Steel Corporation is facing regulatory scrutiny, as well as political opposition. Can Trump, whose steel tariffs helped spur investments in the U.S. steel industry, make X great again by not opposing the acquisition?
With the market looking a bit extended here, it could be a good idea to add some bearish trades to your options portfolio.
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.71%. Stock indexes Tuesday settled mixed, with the S&P 500 and Nasdaq 100 climbing to...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. Stock indexes today are mixed, with the Dow Jones Industrials falling to a 1-week...