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U.S. stocks closed | Under the shadow of tariffs, all three major indexes declined, automotive stocks fell again, with General Motors continuing to drop over 7%; the AI application Star Stock AppLovin plummeted over 20%.
Ford Motor fell almost 4%; the Chip Index and NVIDIA dropped over 2%; Apple rebounded over 1%, and Tesla briefly rebounded over 7% before giving up most of its gains; the China Concept Index closed up over 1%, with Alibaba and JD.com rising over 2%, while "Weilai" and "Xiaopeng" at least fell by 2%. The European automotive Sector fell nearly 1%, with Stellantis down over 4%. Crude Oil Product reached new highs for the month. New Copper said goodbye to record highs, falling nearly 3% at one point.
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U.S. stock market closing | The tariff news disrupts the market again, with all three major Indexes falling, the Nasdaq down over 2%, and both NVIDIA and Tesla falling more than 5%; Berkshire Hathaway A shares broke the 0.8 million dollar mark during the
The three major US stock indexes fell for the first time in four days, with Technology stocks leading the decline. The chip index dropped over 3%; Super Micro Computer fell nearly 9%. The China concept index ended six consecutive declines. The Autos Sector fell over 2%, leading the decline in European stocks. The yield on the ten-year US Treasury bond rebounded, nearing a four-week high. Following the announcement of auto tariffs, the USD hit a three-week high. Bitcoin briefly fell over 2000 dollars. Crude Oil Product reached a new high this month, with Brent Oil rising for five consecutive days. Gold has retreated.
$100 Invested In This Stock 20 Years Ago Would Be Worth This Much Today
Shares of Auto-related Stocks Are Trading Lower After the White House Announced That President Trump Will Introduce New Tariffs on Auto Imports During a Press Conference on Wednesday.