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Historical components of the Dow Jones Industrial Average
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Iron and steel industry in the United States
U.S. Steel's stock plunged as much as 25% amid a report that President Biden will seek to formally block its $14.1 billion deal with Japan's Nippon Steel.
U.S. Steel, formed by J. P. Morgan's merger of Carnegie Steel with other steel producers, was once the largest company in the United States. [20] The Pittsburgh-based steelmaker had held the record for the largest initial public offering of any company in history—becoming the first billion-dollar company—and was added to the Dow Jones Industrial Average on its first day of public trading ...
R. Lee Ermey
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