Shares of industrial metal stocks are trading lower on overall market weakness amid a rise in Treasury yields following CPI data, which could possibly lead to an increase demand uncertainty.
Portfolio Pulse from Benzinga Newsdesk
Industrial metal stocks are trading lower due to overall market weakness and a rise in Treasury yields following CPI data. This could potentially lead to increased demand uncertainty.
October 12, 2023 | 7:56 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
BALL Corp's stock is trading lower due to market weakness and rising Treasury yields.
The rise in Treasury yields following CPI data is causing overall market weakness, which is negatively impacting BALL Corp's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Crown Holdings' stock is trading lower due to market weakness and rising Treasury yields.
The rise in Treasury yields following CPI data is causing overall market weakness, which is negatively impacting Crown Holdings' stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Freeport-McMoRan's stock is trading lower due to market weakness and rising Treasury yields.
The rise in Treasury yields following CPI data is causing overall market weakness, which is negatively impacting Freeport-McMoRan's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
HLP's stock is trading lower due to market weakness and rising Treasury yields.
The rise in Treasury yields following CPI data is causing overall market weakness, which is negatively impacting HLP's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
LZM's stock is trading lower due to market weakness and rising Treasury yields.
The rise in Treasury yields following CPI data is causing overall market weakness, which is negatively impacting LZM's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
ArcelorMittal's stock is trading lower due to market weakness and rising Treasury yields.
The rise in Treasury yields following CPI data is causing overall market weakness, which is negatively impacting ArcelorMittal's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Nucor's stock is trading lower due to market weakness and rising Treasury yields.
The rise in Treasury yields following CPI data is causing overall market weakness, which is negatively impacting Nucor's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Southern Copper's stock is trading lower due to market weakness and rising Treasury yields.
The rise in Treasury yields following CPI data is causing overall market weakness, which is negatively impacting Southern Copper's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Steel Dynamics' stock is trading lower due to market weakness and rising Treasury yields.
The rise in Treasury yields following CPI data is causing overall market weakness, which is negatively impacting Steel Dynamics' stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Teck Resources' stock is trading lower due to market weakness and rising Treasury yields.
The rise in Treasury yields following CPI data is causing overall market weakness, which is negatively impacting Teck Resources' stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100