Stock market today: S&P 500, Dow, Nasdaq slip while GM, Ford hit as investors weigh Trump's tariff escalation

Stock market today: S&P 500, Dow, Nasdaq slip while GM, Ford hit as investors weigh Trump's tariff escalation
US stocks fell as President Trump announced new tariffs on auto imports, fueling concerns of a trade war. The S&P 500, Dow Jones, and Nasdaq declined. Automaker stocks worldwide dropped, with GM, Ford, and Stellantis taking hits.