The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
United States Steel Options Spot-On: On December 3rd, 139.35K Contracts Were Traded, With 1.74 Million Open Interest
On December 3rd ET, $United States Steel(X.US)$ had active options trading, with a total trading volume of 139.35K options for the day, of which put options accounted for 42.85% of the total
U.S. stock market change | united states steel (X.US) fell over 8.7% as Trump claims he will block the acquisition trade of Nippon Steel.
As of the time of publication, the stock has dropped more than 8.7%, trading at $37.35.
United States Steel's Options Frenzy: What You Need to Know
Express News | United States Steelworkers Union welcomes Trump's opposition to United States Steel being acquired by Nippon Steel.
Express News | Usw Says It Welcomes Trump’s Opposition to U.S. Steel-Nippon Deal - Website
US stock market outlook | Can it rise 4% more this year? JPMorgan expects the S&P index to reach a maximum of 6,300 points by the end of the year; the donald trump concept is back again! PSQ Holdings surged by 130% in pre-market trading.
Tesla's year-end target is approaching, with a further decline in deliveries in China; Has the US stock market rally peaked? The 'fear indicator' suggests there is still room for growth; Renowned valuation experts recommend buying the 'magnificent 7' technology giants during market adjustments.
Zscaler, TransMedics Group And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. Steel Stock Falls After Trump Reiterates Opposition to Buyout -- Barrons.com
Express News | U.S. Steel Shares Extend Declines, Last Down 9.4% Premarket
US Steel Takeover by Nippon Steel Faces Potential Opposition From Trump
These Stocks Are Moving the Most Today: Zscaler, Super Micro, Tesla, Credo Technology, U.S. Steel, Honeywell, and More -- Barrons.com
Express News | Japanese steel responds to Trump's statement, reiterating that the acquisition will promote the development of United States steel companies.
Express News | U.S. Steel Shares Down 6.8% Premarket After Trump Reiterates Opposition to Nippon Steel's Takeover of U.S. Steel
Express News | Pre-market trading: Super micro computer continues to rise nearly 9%, DXYZ rises nearly 7%.
Stock market movement: united states steel fell nearly 6% before the market opened, Trump opposes Nippon Steel's acquisition of united states steel.
Great Wall News on December 3 | United States Steel (X.US) fell nearly 6% before the market, to $38.52. On the news side, President-elect Trump stated on social media on December 2 local time that he is completely against United States Steel being acquired by Japan Iron and Steel, "Through a series of tax incentives and tariff measures, we will make United States Steel strong and great again, and it will happen very quickly! As President, I will stop this trade from taking place." (Great Wall News)
Trump reiterates: opposes Nippon Steel's acquisition of united states steel (X.US).
Trump stated on Monday that a series of tax incentives and tariffs will revitalize the united states steel industry, and reiterated his opposition to Nippon Steel's acquisition of American steel.
The acquisition of united states steel is encountering waves again! Trump: He will prevent this trade.
① Newly elected President Trump opposes Nippon Steel's acquisition of United States Steel, stating that he will block the trade; ② Trump posted on social media, stating plans to strengthen United States Steel through tax incentives and tariffs; ③ Last year, Japan Iron declared a $14.9 billion acquisition of United States Steel, subject to CFIUS review, but faced unanimous opposition from both parties.
Express News | Nippon Steel: Committed to protecting and developing the united states steel industry to strengthen the usa's industrial base, reinforce the resilience of the domestic supply chain, and maintain national security.
Trump Again Vows to Block US Steel Sale to Nippon Steel