The agreement will likely permit U.S. importers to bring in Mexican steel as long as the total shipments remain below a level based on historical trade volumes.
Shares of steel companies are moving lower in Tuesday's after-hours session following reports the U.S. and Mexico are nearing a deal that would remove the Trump Administration's tariffs on steel imports.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
Steel tariffs are back, and Cleveland-Cliffs, Nucor, and Steel Dynamics are emerging as early winners. Tariffs benefit margins and ETFs like SLX and XME offer diversified exposure.
Stay tuned for the market movements in the S&P500 index on Tuesday. Check out the gap up and gap down stocks in the S&P500 index during today's session.
After delivering its strongest monthly performance since November 2023, Wall Street entered June on a cautious note, with mounting geopolitical tensions and new trade tariffs clouding investor appetite for risk assets.
Let's delve into the developments on the US markets in the middle of the day on Monday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
The US market is yet to commence its session on Monday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Trump's tariff wars have brought outsize uncertainty to the stock market, making it increasingly challenging to identify companies positioned to weather the storm.
