Trading Day: Investors find auto motive for caution [Yahoo! Finance Canada]
General Motors Company (GM)
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Source: Yahoo! Finance Canada
There was no uniform flight to safety, however, even though gold leaped to a new high, as mounting inflation concerns pushed up Treasury bond yields. My column below shines a light on the rather surprising resilience shown by currencies of the countries that will be hit hardest by Trump's auto tariffs. I'd love to hear from you, so please reach out to me with comments at . You can also follow me at @ReutersJamie and @reutersjamie.bsky.social. Today's Key Market Moves * Gold rises more than 1% to a fresh high of $3,059/oz. * A late wave of selling ensures Wall Street's big threeindices end lower. Under the hood there were some bigger movesin automaker shares, with General Motors down 7.7% and Ford down3.9%. * Mexico's peso falls 1% and the Canadian dollar falls 0.3%,sold off on the U.S. auto tariff news. * Longer-dated U.S. Treasury yields rise to the highest inover a month - the 10-year yield touches 4.4%, and the 30-yearyield reaches 4.75%. * 10-year UK gilt yield rises above
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- Halper Sadeh LLC Encourages General Motors Company Shareholders to Contact the Firm to Discuss Their RightsGlobeNewswire
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