U.S. Stocks Slip as Tariffs Weigh on Automakers -- Market Talk

Dow Jones03-27

1605 ET - U.S. stocks end lower after President Trump said he would slap 25% tariffs on automotive imports to the U.S. Toyota loses 2.8%, while Ford falls 3.9% and General Motors drops 7.4% with car prices expected to rise. Shares of rental firms Avis and Hertz, meanwhile, rise over 20% as the value of their car fleets is expected to climb. U.S. 4Q GDP rose at a slightly faster pace than previously estimated, while Americans filed fewer claims for initial jobless benefits last week. DJIA falls 155 points, or 0.4%, to 42299, the S&P 500 loses 0.3% to 5693 and the Nasdaq drops 0.5% to 17804. (patrick.sullivan@wsj.com)

(END) Dow Jones Newswires

March 27, 2025 16:05 ET (20:05 GMT)

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