Check out the companies making headlines in midday trading: U.S. Steel â Shares advanced nearly 9% after President Donald Trump ordered the review of Japanâs Nippon Steel’s proposed takeover of U.S. Steel. The president instructed the Committee on Foreign Investment in the United States to aid in “in determining whether further action in this matter may be appropriate.” Automakers â Shares of automakers continued to fall as investors worried about the lack of any deals tied to President Trump’s tariff policy. Stellantis pulled back more than 6%, while Ford Motor fell 5%. General Motors slipped 3% following a Bernstein downgrade of the stock to underperform from market perform. Tesla â Stock in Elon Musk’s electric vehicle company slipped 5%. Devout Tesla bull Dan Ives slashed his price target on the EV firm, citing concern over Musk’s political ties to the White House. Machinery stocks â U.S. machinery companies fell Monday after UBS downgraded key stocks, saying a trade war from President Trump’s tariffs could bring about machinery demand destruction due to higher prices. Caterpillar , Terex and Paccar , all of which were downgraded to sell , tumbled more than 3%. Dollar Tree â The discount retailer rose 6% in a sea of red following an upgrade to buy from neutral at Citi. Analyst Paul Lejuez called the company a “dark horse winner” amid the mounting global trade war. Major banks â Shares of major banks continued to fall amid concerns over a possible recession. Morgan Stanley and Citi slipped more than 1%. Goldman Sachs , which was downgraded to equal weight from overweight by Morgan Stanley, lost about 3% Apple â The iPhone maker fell more than 5%. Apple manufactures its devices in China, and has seen its stock under immense pressure in recent days as Trump’s tariffs take aim at Beijing. The president on Monday threatened a new 50% tariff on China if its own retaliatory duties are not lifted. Chinese ADRs â U.S.-listed shares of Chinese companies tumbled as investors feared higher tariffs slapped on the country could hamper its businesses. Alibaba dropped more than 11%, while JD.com slid about 8%. Bilibili dropped 7% and PDD pulled back 6%. Bitcoin stocks â Stocks tied to bitcoin were continuing to struggle on Monday as the largest cryptocurrency by market capitalization pulled back more than 2%. Trading platform Coinbase lost 5%, while Strategy â formerly MicroStrategy â declined more than 11%. Miners MARA Holdings and Riot Platforms fell roughly 1% each. Trump Media & Technology Group â Shares of the Truth Social parent company dropped 2% on Monday. The stock is on track for its eighth losing session in the past nine trading days. RH â The maker of luxury home furnishings soared 15% in a relief bounce. RH shares saw hard selling last Thursday, tanking 40%, and dropped another 2.5% on Friday. A fourth-quarter miss on the top and bottom lines, as well as soft guidance, dragged shares lower last week. â CNBC’s Sean Conlon, Lisa Kailai Han, Alex Harring, Michelle Fox and Jesse Pound contributed reporting. Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. In today’s dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber, we invite you to join us for our first exclusive, in-person CNBC Pro LIVE event at the iconic NYSE on Thursday, June 12. Join interactive Pro clinics led by our Pros Carter Worth, Dan Niles and Dan Ives, with a special edition of Pro Talks with Tom Lee. You’ll also get the opportunity to network with CNBC experts, talent and other Pro subscribers during an exciting cocktail hour on the legendary trading floor. Tickets are limited!