p index: AKS, 4.65% ran up 4.7% to a four-month high, U.S. Steel Corp X, 1.52% rose 4.2% and Nucor Corp, according to Market Watch. NUE, 0.99% advanced 0.5%. Steel Dynamics Inc.'s stock STLD, 0.83% gained 1.3%, Commercial Metals Co. Shares of AK Steel Holding Corp. CMC, 1.41% rose 1.4% and Timken Steel Corp. Trump tweeted that the tariffs were effective immediately, and were a response to the massive devaluation of currencies which hurt U.S. farmers. TMST, 5.93% tacked on 4.1%. The gains were a silver lining for investors, as the tariffs helped trigger a market selloff, with the Dow Jones Industrial Average dropping 268 points, or 1.0%, the S&P 500 index losing 0.9% and the Nasdaq Composite Index falling 1.1%. See Market Snapshot.
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