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Cleveland-Cliffs
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- 1US Stock Futures Fall on Rising Bond Yields, AI Concerns●Dow, S&P 500, Nasdaq Futures Fall Amid Rising Bond Yields, AI Concerns: KOD, SMMT, CLF, VKTX Stocks In Focus
Futures for the Dow, S&P 500 and Nasdaq pointed lower as rising bond yields weighed on markets and investors grew uneasy about valuations tied to artificial intelligence. Single stocks Kodak, Summit Therapeutics, Cleveland-Cliffs and Viking Therapeutics were also flagged as ones to watch in the session ahead. Traders are watching whether yields keep climbing and how AI-exposed names hold up.
- 2Carney Accuses Cleveland-Cliffs of Betraying Canadian Workers●🟠 UPDATE Carney Accuses US Steelmaker of Betraying Canadian Workers After Layoffs Prime Minister Mark Carney stated the
Canadian Prime Minister Mark Carney has accused US steelmaker Cleveland-Cliffs of betraying Canadian workers after the company's Stelco unit announced plans to shut down operations at some Ontario facilities. Carney said the government will take all necessary steps to ensure the company meets its legal obligations, signalling a potential escalation between Ottawa and the American steel producer.