Reported about 14 hours ago
U.S. stocks rose midday, driven by gains in tech and steel/aluminum sectors following President Trump's announcement of 25% tariffs on imports. Rockwell Automation outperformed with strong earnings, while Cleveland-Cliffs and Nucor benefitted from tariff news. Conversely, Onsemi saw a decline after missing earnings and revenue estimates. Other notable movements included a drop for Morgan Stanley amid reports of competition in advisory fees, and a significant fall for Semtech due to sales warnings.
Source: YAHOO