Biden's Tax Hikes Stunt The Market, But These Stocks Are Rising In Anticipation Of His $2 Trillion Plan [Forbes]
Nucor Corporation (NUE)
Last nucor corporation earnings: 4/28 08:00 am
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Source: Forbes
ToplineStocks are mostly muted near record highs Wednesday morning as investors gear up for President Joe Biden's afternoon speech on infrastructure—during which he's expected to announce more than $2 trillion in investments that should bolster growth for industrial and electric vehicle companies, as well as big tax hikes that could threaten the broader market.President Joe Biden speaks during an event at the White House campus on March 29.ASSOCIATED PRESSKey FactsShortly after the market open, the Dow Jones Industrial Average, which ended Tuesday just shy of a record high, was up 0.2%, while the S&P 500 ticked up 0.4%, and the tech-heavy Nasdaq, which has underperformed in recent weeks, climbed 0.8%.Yields on the 10-year Treasury, which move inversely to stocks, were also virtually flat, ushering in the rise in tech stocks after spiking 10 basis points over the past week.Heading up gains in the S&P, shares of industrial giants Nucor and Textron are up 3% and 1.4%, respectively, as in
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News
- Nucor Executive Vice President Douglas J. Jellison to Retire; Randy J. Spicer to be Promoted [Yahoo! Finance]Yahoo! Finance
- Nucor Executive Vice President Douglas J. Jellison to Retire; Randy J. Spicer to be PromotedPR Newswire
- Calculating The Intrinsic Value Of Nucor Corporation (NYSE:NUE) [Yahoo! Finance]Yahoo! Finance
- Steel Producers Make Major Move to Improve Market Transparency [Yahoo! Finance]Yahoo! Finance
- Increases to Nucor Corporation's (NYSE:NUE) CEO Compensation Might Cool off for now [Yahoo! Finance]Yahoo! Finance
NUE
Earnings
- 4/22/24 - Miss
NUE
Sec Filings
- 5/8/24 - Form 10-Q
- 5/3/24 - Form 4
- 4/30/24 - Form 3
- NUE's page on the SEC website