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Shares of U.S. Steel tumbled in early trading Thursday, after President Donald Trump reportedly said that he doesn't want foreign ownership of the company.

Hitting a new 52-week low can be a pivotal moment for any stock. These floors often mark either the beginning of a turnaround story or confirmation that a company faces serious headwinds.

“Americans need to know whether President Trump or anyone in his administration manipulated the market to benefit their donors,” said Sen. Elizabeth Warren.

U.S. President Donald Trump's U-turn on tariffs has rained yet more volatility on markets, leaving investors skidding from stocks to safe-havens and back, and while previous crises have seen bigger moves, few have been this fast. With volatility, it's the speed of a move that can set alarm bells off. The S&P 500 soared 9.5% on Wednesday, its biggest daily gain since 2008, while Europe staged its biggest jump since March 2020 on Thursday.

European markets soared after Trump paused tariffs for nations that didn’t retaliate. Investors welcomed the easing trade stance, with major indices across the continent posting their strongest performance in years.View on euronews

The major U.S. stock indexes dropped sharply on Thursday, a stark reminder that President Donald Trump continues to pursue a tariff agenda capable of throwing the global economy into chaos.

Roblox upgraded, GM downgraded: Wall Street's top analyst calls