Retail stocks, Trump to review Nippon Steel deal: Market Minute
On today's Market Minute, Brad Smith examines the trending stories on Wall Street during a volatile trading day. Retail stocks, including Levi Strauss (LEVI), Ralph Lauren (RL), and PVH (PVH), are in focus after Citi analysts cut their forecasts for the companies, citing pricing power concerns amid tariffs. Citi also downgraded Vans' parent company, V.F. Corporation (VFC), to Neutral from Buy, citing concerns about the company's turnaround plan for Vans. US President Trump ordered a review of the deal between US Steel (X) and Nippon Steel (NPSCY), an acquisition his predecessor President Biden blocked. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.