Cleveland-Cliffs Inc is trading 4.1% down at $12.72 amid a broad equity selloff following the Federal Reserve’s latest policy decision.
- Major U.S. indices dropped more than 1% after the Fed signaled no rate cuts for 2026 and highlighted persistent inflation risks.
- Cyclical and economically sensitive stocks like Cleveland-Cliffs are under pressure as the market reacts to the central bank's hawkish outlook.
- There are no notable company-specific headlines or rating changes today directly tied to the stock's decline.