Reported about 16 hours ago
U.S. stocks rebounded on Monday, with the Dow Jones gaining 0.2%, the S&P 500 rising by about 0.6%, and the Nasdaq climbing more than 1%, following President Trump's announcement of new 25% tariffs on steel and aluminum imports. The move is anticipated to benefit domestic steel companies significantly, as illustrated by sharp stock increases for companies like Cleveland-Cliffs and Nucor. Investors are also on alert for potential retaliatory tariffs from other nations amid rising inflation concerns.
Source: YAHOO