GM, Ford lead fall as tariff fears erode confidence
Update: 2025-03-28
Description
US stocks dipped overnight, led by GM falling 7%, with 25% car tariffs to hit next week. Investors are focused on April 2 for that announcements and further tariffs, markets are in a malaise until then. Investors are now seeking 'safety assets', with silver, gold, copper all rising to highs. Uranium stocks will be in focus as the Australian election campaign is now underway.
Securities mentioned: General Motors, Ford Motor, Toyota Motor, Ferrari, Tesla, BYD, Global X Metals Securities Australia, Global X Copper Miners ETF AUD
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