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2min chapter
Stocks’ Fast Start, Gearing Up for Nvidia CEO's CES Keynote, U.S. Steel and Nippon Steel Sue Over Biden Blocking Their Merger 1/6/25
Squawk on the Street
Material Stocks and Geopolitical Tensions in Steel Industry
This chapter analyzes the alarming state of S&P material stocks, noting that just 4% are above the 50-day moving average. It also explores the implications of recent merger decisions in the steel industry and the broader economic impacts of shifting trade relationships with Japan and China.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode