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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.
United States Steel Corporation (X) has released its third-quarter financial results for 2024, showing a net income of $119 million, or $0.48 per diluted share, with an adjusted net income of $140 million, or $0.56 per share. The adjusted EBITDA for the quarter stood at $319 million, reflecting a decline...
A survey of North American markets heading in both directions
September S&P 500 E-Mini futures (ESU24) are up +1.48%, and September Nasdaq 100 E-Mini futures (NQU24) are up +2.03% this morning on expectations the Federal Reserve’s half-percentage-point rate cut will steer the U.S. economy toward a “soft landing,” while investors awaited a new round of U.S. economic data and an earnings report from delivery services giant FedEx.
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down by -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.45%. Stocks on Wednesday gave up mid-session gains and turned lower as...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.25%. Stocks today have erased knee-jerk gains after the initial 2:00 PM Eastern announcement...
The S&P 500 Index ($SPX ) (SPY ) today is up by +0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.11%. Stocks today are slightly higher ahead of the FOMC’s decision on...
A survey of North American equities heading in both directions
Analyst Ratings Today Stock Target Advisor has tracked over 400 analyst ratings, of which the 5 most notable stocks coverage are listed below: 1. GE Healthcare Technologies Inc. Rating: Neutral Target Price: $90 Rationale: JPMorgan initiates coverage with a neutral rating, acknowledging GE Healthcare’s strong position in the medical imaging...
The S&P 500 Index ($SPX ) (SPY ) Monday closed up +1.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.30%. Stocks on Monday posted moderate gains on some dip buying following last Friday’s sharp...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.95%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.58%. Stocks today are moderately higher, recovering some of last Friday’s sharp sell-off on some...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.11%. Stocks today are moderately higher, recovering some of last Friday’s sharp sell-off as chip...
September S&P 500 E-Mini futures (ESU24) are up +0.74%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.95% this morning, partially rebounding from Friday’s losses driven by weaker-than-expected U.S. payroll numbers, while investors looked ahead to the release of U.S. inflation data later in the week.
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 ($SPX ) (SPY ) Friday closed down -1.73%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.69%. Stocks sold off sharply Friday, with the S&P 500 falling to a 3-1/2 week...
A humorous look at the companies that caught our eye, for better or worse, this week
The S&P 500 Index ($SPX ) (SPY ) today is down -1.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.20%. Stocks are under pressure today, with the S&P 500 and Dow Jones Industrials falling...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.63%. Stocks are mixed today, with the Nasdaq 100 falling to a 3-1/2 week low....
Why U.S. Steel Stock Fell This Week
The company's deal to be acquired appears headed for the chopping block.
Global Markets Canada Canada’s main stock index experienced a modest increase, driven primarily by gains in crude oil and metal prices. Vancouver and Toronto’s housing markets saw sales decline steadily in August as consumers struggle with their balance sheets amid cost struggles. United States American stock markets were volatile, as...
A survey of North American equities heading in both directions
White House To Block Nippon Steel’s Takeover Of U.S. Steel
Shares of U.S. Steel (X) plunged 18% on media reports that the White House plans to block a proposed ...
A survey of North American markets heading in both directions
U.S. Steel had earlier warned on Wednesday that a failure to merge with Nippon Steel would put thousands of U.S. union jobs at risk
September S&P 500 E-Mini futures (ESU24) are down -0.30%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.46% this morning, extending yesterday’s slump amid worries about a slowing U.S. economy, while investors awaited the latest reading on U.S. job openings.