Shares of companies in the broader metals sector are trading lower amid an overall market selloff on weak US jobs data.
Portfolio Pulse from Benzinga Newsdesk
Shares of companies in the broader metals sector are trading lower amid an overall market selloff on weak US jobs data.
August 02, 2024 | 6:55 pm
News sentiment analysis
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NEGATIVE IMPACT
Alcoa's shares are trading lower due to weak US jobs data causing a market selloff.
Alcoa, being a major player in the metals sector, is affected by the overall market sentiment driven by weak jobs data.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Century Aluminum's shares are trading lower due to weak US jobs data causing a market selloff.
Century Aluminum is impacted by the negative market sentiment due to weak US jobs data.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Cleveland-Cliffs' shares are trading lower due to weak US jobs data causing a market selloff.
Cleveland-Cliffs, as a significant player in the metals sector, is affected by the overall market downturn driven by weak jobs data.
CONFIDENCE 88
IMPORTANCE 65
RELEVANCE 75
NEGATIVE IMPACT
Freeport-McMoRan's shares are trading lower due to weak US jobs data causing a market selloff.
Freeport-McMoRan is impacted by the negative market sentiment due to weak US jobs data.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Nucor's shares are trading lower due to weak US jobs data causing a market selloff.
Nucor, as a major player in the metals sector, is affected by the overall market sentiment driven by weak jobs data.
CONFIDENCE 88
IMPORTANCE 65
RELEVANCE 75
NEGATIVE IMPACT
Southern Copper's shares are trading lower due to weak US jobs data causing a market selloff.
Southern Copper is impacted by the negative market sentiment due to weak US jobs data.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Steel Dynamics' shares are trading lower due to weak US jobs data causing a market selloff.
Steel Dynamics is affected by the overall market downturn driven by weak jobs data.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70