General Motors raises full-year guidance and GE Aerospace posts better-than-expected profit. Tesla reports first-quarter earnings after the stock market closes Tuesday.
Steel producers Nucor and Cleveland-Cliffs both missed Wall Street’s first quarter estimates. The shares are down for different reasons, however.
Nucor and Cleveland-Cliffs earnings missed Q1 estimates. NUE sold off after guiding Q2 EPS lower. CLF fell too, despite a bigger stock buyback.