S&P closes higher on trade hopes, Nvidia lifts Nasdaq
Wall Street closed higher on Monday as investors were still optimistic over trade talks between the United States and its trading partners despite President Donald Trump's latest salvo to double tariffs on imported steel and aluminum. Lisa Bernhard has more.
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Reuters
14 minutes ago
- Reuters
With LIV task at hand, Joaquin Niemann looks ahead to U.S. Open
June 4 - Joaquin Niemann is riding a high entering the LIV Golf Virginia event this weekend. He's won five times in the past 20 LIV events. He's the league's season points leader. But he's reached the point of the season where he's juggling some golf balls. He's got the Virginia event beginning Friday and also is preparing for the season's next major, the U.S. Open, June 12-15 at the daunting Oakmont Country Club in Pennsylvania. The chance to win his first major is on his mind. His success -- multiple LIV wins and two PGA Tour titles -- hasn't translated into success in the majors. His best finish at a major came last month at the PGA Championship at the Quail Hollow Club in Charlotte, where he tied for eighth. He earned an exemption into the U.S. Open. "Yeah, obviously we're a week away from that. Yeah, I had a good finish at PGA," the 26-year-old Chilean said Wednesday. "I didn't feel like I played my best game. I felt like there was a lot more at the time to play better. I knew I could have a way better result. But I think we can take the positives and go step by step. It's my first top 10 in a major, so that's a positive." At the Masters Tournament in April, he finished T29. He knows his first time playing Oakmont will be difficult. "I can't really tell you how I'm feeling, how I'm going to be feeling that week," he said. "I know it's going to be a really tough week. I know U.S. Opens are always prepping the course as hard as they can. They want us to win with over par, which talks about how hard they're going to set it up. I know it's going to be long rough. You've got to hit it long, straight. "It's going to be hard. I know it's going to be a good challenge. Looking forward for that, I guess." Niemann only has to look at the other players at the LIV Golf event at the Robert Trent Jones Golf Club in Gainesville, Va., for inspiration. He's surrounded by majors winners. Several of LIV's most prominent players will be in the field with him at Oakmont, outside of Pittsburgh. Bryson DeChambeau, Brooks Koepka, Dustin Johnson and Spaniard Jon Rahm are invited as U.S. Open winners from the past 10 years; DeChambeau is the defending champion. Englishman Richard Bland was invited after winning the 2024 U.S. Senior Open. A pair of other recent major winners -- Phil Mickelson (2021 PGA Championship) and Cameron Smith (2022 Open Championship) -- are exempt as well. LIV player Carlos Ortiz of Mexico made it through a U.S. Open final qualifier last month in Dallas, where Spain's Sergio Garcia fell one stroke shy of a playoff. On Monday, seven LIV players -- most notably two-time Masters winner Bubba Watson -- opted to withdraw from a U.S. Open final qualifying site in Rockville, Md. The U.S. Open is where Niemann can apply what he's learned from his LIV rivals. "I know that I don't have any majors yet. I know if I have one, I know I'm going to have another one and then another one, and that's the way it works," he said. "But yeah, for me, having somebody like Phil or Bryson or Brooks, DJ or Sergio, all these guys, they already won. They've already been in that situation. "Just competing against them, it just makes me in a way feel that I'm -- I know 100 percent in myself that I can do it, that I can accomplish that. I feel like there's probably some information that I can learn here and there from them. So whenever I have a chance, I try to learn." He still has the immediate task at hand this weekend in Virginia. And Niemann said he knows the push his LIV league mates will pose for him the rest of the season. He's already lived it. Rahm edged him out of the individual title on the final weekend of the 2024 season. "It's kind of similar from last year. I was in a similar situation, leading the points," he said. "I know I have a challenge in front of me. I know there's really good players behind me trying to chase me. You've got Bryson, you've got Jon, Sergio. Last year I had a good fight with Jon the last half of the season, and now Bryson is underway playing great golf, as well. "I take it as a great challenge. I know I got to play great and amazing golf to have a chance to win the league, which is the goal. It feels good to be here right now. The way I've been playing, winning three times this year is pretty cool, too, so hopefully I can keep that percentage going the way it is." --Field Level Media
Reuters
24 minutes ago
- Reuters
Phil Mickelson: LIV 'well on our way' to having world's best golfers
June 4 - Phil Mickelson has been vocal with his praise of LIV Golf since joining the upstart circuit in 2022, celebrating its direction and what he views as forward thinking. On Wednesday, Mickelson applauded the addition of promising young stars as LIV Golf begins to bolster its case for having the world's best golfers. "I think that we're well on our way and not that far away from making that happen, and you're seeing it with these good young players that are coming out," the six-time major champion said. "If you look at the good young players from different parts of the world, not necessarily the United States, you've got Jose Ballester (Spain) and Luis Masaveu (Spain) and Tom McKibbin (Northern Ireland) and these young guys from other parts of the world are really interested in wanting to come to LIV and they get what it's about. "I think over time that's just going to continue to grow just like it has exponentially in the last three years, and I think we're not that far away from having it be what we all want it to be, which is all the best players in the world playing against each other." Ballester, the U.S. Amateur champion, signed a multi-year contract with LIV Golf on Wednesday. Known as "Josele," Ballester will make his professional debut this week at the Virginia event and be part of the Fireballs team captained by fellow Spaniard Sergio Garcia. Ballester, 21, will join Abraham Ancer, David Puig and Garcia on Fireballs. Masaveu, 22, will remain in the Fireballs lineup this week for the team while Puig deals with a back injury. McKibbin, 22, signed with LIV in January and joined Jon Rahm, Tyrrell Hatton and Caleb Surratt as part of the Legion XIII team. --Field Level Media
Reuters
24 minutes ago
- Reuters
Mexico seen renewing its approval for Nippon Steel-US Steel tie up Thursday-sources
WASHINGTON, June 4 (Reuters) - Mexico's antitrust watchdog is expected to renew its approval of Nippon Steel's fraught $14.9 billion bid for U.S. Steel as soon as Thursday, according to three people familiar with the matter, removing one of the last remaining hurdles to the tie-up. Cofece, as the regulator is known, gave the merger a greenlight previously, the people said, declining to be named as the matter was not public. But Mexican approval of the proposed acquisition, first announced in December, 2023, has since expired and must be renewed for the merger to move forward. Cofece and Nippon Steel did not immediately respond to requests for comment. U.S. Steel declined to comment.
