Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexEconomic EventsPress releases

Materials Down Amid Tax Plan Fears - Materials Roundup

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 10:25pm CET

Shares of commodities producers ticked down amid doubts about the legislative outlook for a tax-cut plan. Economically cyclical sectors had risen in recent weeks because of tax-cut prospects. Now, the same sectors are pulling back on fears that stark differences between Senate and House of Representatives legislation might be difficult to reconcile. Shares of ArcelorMittal, the world's largest steelmaker by volumes, rose after its quarterly earnings surpassed investors' targets. ArcelorMittal also said global steel prices were currently higher than those in North America, reversing a long-standing trend. Gold futures retreated from a three-week high as fears about the outbreak of a proxy war between Saudi Arabia and Iran subsided somewhat.

-Rob Curran, [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
12:19a UPDATE 10 : Unified command continues recovery after barge breakaways on Ohio River
12:19a Fine print in Trump solar tariff holds some good news for Tesla
12:14a NEW STUDY : Withdrawal from NAFTA Would Jeopardize American Jobs and Hurt U.S. Economy
12:09a PORT OF LONG BEACH : Board Approves Rail Facility Project
12:05a Q&A - Winners, losers of Trump's solar panel tariff
12:04a ISSA WORLDWIDE CLEANING INDUSTRY ASSOCIATION : P&G Increases 2nd-Quarter Revenue
01/23 Senate Confirms Jerome Powell as Federal Reserve Chairman
01/23 ECOSOC UNITED NATIONS ECONOMIC AND SOCIAL COUNCI : United Nations Ceremony to Mark International Day in Memory of Holocaust Victims, at United Nations Headquarters, 31 January
01/23 Manufacturers Fight Over New Tariffs' Effect on U.S. Jobs -- Update
01/23 NAFTA negotiators open key round of talks amid upbeat signs
Latest news "Economy & Forex"
Advertisement