Fed Raises Rates, Yields Hit 2007 Highs as Fuel Costs Set Records: This Week On Wall Street
The Fed hiked for the first time since 2023; the 10-year yield touched 5.04%, and record diesel prices hit truckers and automakers.
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Ford Stock Is Falling: What's Happening Today?
Ford shares are trading lower as record diesel prices and the highest Treasury yields since 2007 squeeze demand for the trucks and SUVs.
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Shares of automakers are trading lower. Investors may be assessing reports suggesting that the Alliance for Automotive Innovation requested that President Trump bar Chinese carmakers from establishing production in the U.S., which the President said last week he may allow.
QUICK SPARK: General Motors Stock Sinks Over 5%, Eyeing Worst Day Since July 2025
GM fell 5.2% Friday to $82.20, its steepest drop since July 2025, as record diesel and 2007-high yields squeeze Detroit.