S&P 500 ends lower as investors digest Trump's auto tariffs

Quick Summary:

The S&P 500 ended lower on Thursday, as investors grappled with US President Donald Trump's latest trade tariff announcement that hit shares of General Motors and Ford.

Volume on US exchanges was relatively light, with 14.7 billion shares traded, compared to an average of 16.3 billion shares over the previous 20 sessions.

Also on Thursday, the headline figure for fourth-quarter gross domestic product growth was revised to 2.4%, higher than the consensus estimate of 2.3% in a Reuters poll.

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Category: EconomyBusiness

Markets: Malaysia

Topics: TariffImpact /Business/ WallStreet MarketVolatility TradeUncertainty InflationFears AutoStocks Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 06:26:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 598 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © The Star

News ID: 27376766

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 12 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 8 hours ago

Coverage Areas: Malaysia

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