Markets Await Jobs Data

We start a full week of trading this morning slightly in the red, based once again on — you guessed it — trade tensions. On Friday, President Trump accused China of violating its tariff agreement with the U.S., and late in the trading day Trump announced he would be doubling steel tariffs from 25% to 50%. This came as the president was celebrating the takeover of U.S. Steel ((X) by Japan’s largest steel producer, Nippon Steel.This has proven to be a boon for American steel manufacturer Cleveland-Cliffs ((CL ...