Nucor Stock News

Increase is piggybacking on seven-year-old findings. Are they too stale?

Not every investor wants to invest in a cyclical sector. But it can be an important addition to a well-diversified portfolio.

Nucor (NUE -0.29%) and Steel Dynamics (STLD -1.37%) have a lot of similarities, which makes sense, since Nucor alumni founded Steel Dynamics.

U.S. President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% on Wednesday, a move that would hammer businesses from automakers to home builders, and likely push up prices for consumers.Foreign-made steel and aluminum is used in household products like soup cans and paper clips as well as big-ticket items like a stainless-steel refri...

The president ratcheted up the rate on foreign metals to 50 percent, saying the former levies weren't high enough to help the U.S. industry.

He initially announced the move last Friday while visiting a U.S. Steel factory in Pennsylvania.

The White House said Tuesday that President Donald Trump has signed an executive order to double tariffs on imported steel and aluminum to 50% from 25%.

Major U.S. equity indices edged higher as June trading kicked off.