United States Steel Sitting On Support (X)

Shares of United States Steel Corporation X are sitting on support here, down 75 cents to $52.00, a loss of 1.4%. Nucor NUE reported earnings this morning, that were better than the Street expected, but the stock is still selling off. U.S. Steel is expected to report earnings on April 26, when Wall Street expects it will report a loss of 37 cents per share on revenues of $4.86 billion. If U.S. Steel is able to report better than expected earnings on Tuesday, this could give shares the catalyst they need to bolt higher, and vice versa, should U.S. Steel report worse than expected numbers. United States Steel Corporation, through its subsidiaries, engages in the production and sale of steel products primarily in North America and Europe.