Advertisement
Australia markets close in 2 hours 37 minutes
  • ALL ORDS

    7,786.60
    -112.30 (-1.42%)
     
  • ASX 200

    7,537.50
    -104.60 (-1.37%)
     
  • AUD/USD

    0.6391
    -0.0034 (-0.54%)
     
  • OIL

    84.90
    +2.17 (+2.62%)
     
  • GOLD

    2,402.00
    +4.00 (+0.17%)
     
  • Bitcoin AUD

    96,754.87
    -133.98 (-0.14%)
     
  • CMC Crypto 200

    1,275.54
    +390.00 (+42.33%)
     
  • AUD/EUR

    0.6005
    -0.0026 (-0.43%)
     
  • AUD/NZD

    1.0871
    -0.0003 (-0.03%)
     
  • NZX 50

    11,735.28
    -100.76 (-0.85%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,080.03
    -305.84 (-1.87%)
     
  • NIKKEI 225

    36,818.81
    -1,260.89 (-3.31%)
     

U.S. Steel: Bulls and Bears Go Silent after Mixed Guidance

U.S. Steel: Bulls and Bears Go Silent after Mixed Guidance

U.S. Steel Corporation (X) released its second-quarter earnings on August 1. The company’s adjusted EBITDA rose from $376.0 million in the second quarter of 2017 to $451.0 million in the second quarter. Although U.S. Steel’s second-quarter earnings were better than expected, its earnings guidance rattled investors.