Vale stock slips in premarket as U.S. trading resumes; iron ore near $100 keeps China in focus
Vale’s U.S.-listed shares dropped 1.3% to $16.44 in premarket trading Tuesday, tracking iron ore futures near $100 a ton. The New York Stock Exchange reopened after a holiday closure. In Brazil, Vale shares also slipped as investors watched metals prices and upcoming U.S. economic data. The company’s next earnings report is set for April 28.