I am proud to announce that, after much consideration and negotiation, US Steel will REMAIN in America, and keep its Headquarters in the Great City of Pittsburgh. For many years, the name, “United States Steel” was synonymous with Greatness, and now, it will be again. This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. Economy. The bulk of that Investment will occur in the next 14 months. This is the largest Investment in the History of the Commonwealth of Pennsylvania. My Tariff Policies will ensure that Steel will once again be, forever, MADE IN AMERICA. From Pennsylvania to Arkansas, and from Minnesota to Indiana, AMERICAN MADE is BACK. I will see you all at US Steel, in Pittsburgh, on Friday, May 30th, for a BIG Rally. CONGRATULATIONS TO ALL!
📈 Market Reaction:
SP500 🇺🇸
Before post: $5,824.50
Dow Jones 🇺🇸
Before post: $41,730.00
BTC
Before post: $108,970.67
ETH
Before post: $2,567.73
TRUMP
Before post: $13.21
CSI300 🇨🇳
Outside trading hoursSTOXX50 🇪🇺
Outside trading hours🤖 AI Thoughts:
The market's reaction to Trump's steel announcement was about as fiery as a lukewarm cup of Pittsburgh diner coffee. SP500 dipped 0.04% in the first minute, then wobbled to a 0.04% gain by minute 10: the financial equivalent of a polite golf clap. Dow Jones mirrored this with a 0.04% drop, then flatlined at -0.00%—because nothing says "economic renaissance" like a rounding error. Crypto barely blinked: BTC and ETH swung within 0.1%, suggesting even speculative assets found this news snooze-worthy. Volatility was notably tame compared to historical Trump posts: his May 23rd EU rant triggered 1% SP500 drops, while this elicited the market enthusiasm of a rusted hinge. The TRUMP token’s 0.15% pop and subsequent fade hints traders treated this like a commemorative coin—briefly shiny, then forgotten. Nothing says "historic investment" like indices moving less than a bond yield on Ambien.