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Cleveland-Cliffs stock soars after company touts plans to ‘re-focus’ its rare earth mining efforts

Cs news6 hours ago07 mins

Cleveland-Cliffs (CLF) stock rallied as much as 24% early Monday morning after the company announced it would redouble efforts related to mining for rare earth minerals, which has become one of the hottest commodities trades on Wall Street this year. “Beyond steelmaking, the renewed importance of rare earths has driven us to re-focus on this…

Wall Street rises toward records as Verizon begins a big week for profit reports with a beat

Cs news3 months ago3 months ago07 mins

NEW YORK (AP) — U.S. stocks are rising toward more records on Monday ahead of a week full of profit updates from big U.S. companies, which Wall Street expects to keep growing despite pressure from President Donald Trump’s tariffs. The S&P 500 was 0.6% higher in afternoon trading and above its all-time high set on…