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Stock market volatility | Trump may increase protection for the united states steel industry, steel stocks soar.
On November 6th, steel stocks in the US surged. Cleveland-Cliffs (CLF.US) rose by nearly 16%, Nucor (NUE.US) rose by nearly 13%, and Steel Dynamics (STLD.US) rose by nearly 9%.
Daily short sale tracking: Palantir's short volume increased by 21 million, with a short sale ratio of 14%
Palantir(PLTR.US) ranked top of the list had the largest change in short volume (21.42 million shares), and the short volume ratio of Sun Life Financial(SLF.US) reached 51.78%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
Trump's tariff policy may bring bullish news, with pre-market gains in US steel stocks.
The market expects that if Trump takes measures similar to imposing tariffs on imported steel in 2018, United States steel producers will benefit.
Cleveland-Cliffs' Q3 Earnings and Revenues Miss Estimates
Express News | Nucor Shares up 7.2%, U.S. Steel up 7.5%, Cleveland-Cliffs up 11.8% Premarket
Express News | U.S. Steelmakers Rise in Low Premarket Volumes After Trump Claims U.S. Election Victory
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