Why U.S. Steel, Cemex, and U.S. Concrete Stocks Popped 12% and More Today
As of 2:45 p.m. EDT today, U.S. Steel stock was still enjoying a very tidy 10.2% profit, Mexican concrete producer Cemex wasn't far behind with a 7.4% gain, and U.S. Concrete, a small-cap stock that most days isn't even a blip on most investors' radar, remained up 21.2%. President Donald Trump is directly responsible for all these stocks' gains, with reports today that he is once again pushing Congress to enact a $1 trillion infrastructure bill. From time to time over the last four years, President Trump has revived the idea of getting an infrastructure bill passed, each time unsuccessfully.