Live Nasdaq Composite: ORLY Rises, GM Sinks in Market Chaos

Live Nasdaq Composite: ORLY Rises, GM Sinks in Market Chaos

The markets remain under pressure and fixated on the latest auto tariffs. All three of the major stock market averages – the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 – started out of the gate in the red today. President Trump is sticking to his commitment to a 25% tariff on autos not made in the U.S., pressuring the sector and catapulting the price of gold higher to almost revisiting record levels of over $3,050 per ounce. In a…

The main U.S. stock indices closed downwards, with GM and Ford losing 7.36 and 3.88%, respectively.

The new 25% tariffs announced by Donald Trump shake the automotive industry and completely affect Stellantis, one of the giants of the sector. Although the Vigo factory does not directly export to the United States, the strong dependence of the American market group could have indirect consequences for Balaídos. The fall in the stock market and the risk of a diversion of investments to the United States draw an uncertain scenario for the company…

It is' crucial 'for large American car manufacturers that the customs duties imposed by Donald Trump do not 'increase prices for consumers', Ford, GM and Stellantis warned Thursday through a statement from the Professional Association of American Manufacturers (AAPC). The three main automotive groups have stated that they will continue to work with the government to develop 'sustainable policies that help Americans', but they demand that the 'co…

Stellantis is surprising the company with strong tailwind at the start of 2025. In January and February, the group recorded strong market share gains, particularly in electric vehicles. However, this positive trend does not disguise the fact that 2024 was a difficult year for the automaker – with drastic drops in profits and shrinking sales worldwide. In February 2025, Stellantis reported a market share of 18.1 percent in the EU – the highest fi…