Industry News

U.S. Steel Stock Surges on Upgrade. Russia-Ukraine Conflict Is Set to Help Steel Prices.

Update time : 2022-03-08 17:59:02

Shares of United States Steel are soaring after catching an upgrade on Wall Street. Despite the ratings bump, Wall Street doesn’t love the stock.

Investors are happy for now, though. U.S. Steel (ticker: X) stock is up 6.5% on a down day for markets. The S&P 500 and Dow Jones Industrial Average are down 1.4% and 1.3%, respectively.

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