The specialty materials maker said that this tentative agreement, hashed out with the United Steelworkers leadership, will be presented to the union members for ratification.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
Investors in aerospace and defense should favor RTX over Boeing, which faces uncertainty. Northrop Grumman and ATI are also in focus for their potential in the industry.
Steel is a foundational building material and a major market commodity with important taxing rules and import guidelines, the enforcement of which benefits economic advancement and safeguards the nation's infrastructure.
