Shares of U.S. Steel (NYSE:X) are seeing significant pre-market weakness after Vice President Kamala Harris express opposition to the sale of the steel producer to Japan’s Nippon Steel.
Aerospace giant Boeing (NYSE:BA) may also come under pressure after Wells Fargo downgraded its rating on the company’s stock to Underweight from Equal Weight.
On the other hand, shares of Unity Software (NYSE:U) are likely to see initial strength after Morgan Stanley upgraded its rating on the video game software development company’s stock to Overweight from Equal Weight.