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US Steel Drops 8% After Trump Says He'll Block Deal

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US stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far. The S&P 500 rose 2.73 points,.
US stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far.

On the losing end of Wall Street was US Steel, which fell 8%. President-elect Trump reiterated on social media that he would not let Japan’s Nippon Steel take over the iconic Pennsylvania steelmaker.

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