S&P 500 hits record; GM stock tumbles

david kirby
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David Kirby
David is a contributor at Mindset. He is a professor at Missouri State University. David has a BA from the Catholic University of America and a...
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The S&P 500 reached a record-high close on Monday, edging up by 0.06%, while the Dow Jones Industrial Average rose by 0.40%.

On the flip side, the Nasdaq Composite dipped by 0.39%.

This comes amid contrasting corporate performances and broader economic considerations.

The details:

  • General Motors (GM) saw its shares tumble after reporting that tariffs had taken a $1 billion chunk out of its earnings.
  • The automaker’s stock decline highlighted investor concerns about the ongoing impact of trade policies on American companies.
  • RTX Corp also faced a downturn, with its stock falling following a reduction in its 2025 profit forecast.

The trading floor at the New York Stock Exchange (NYSE) was active as traders reacted to these mixed signals from major corporations.

The dynamics signal how sensitive markets remain to both geopolitical events and individual company performances.

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David is a contributor at Mindset. He is a professor at Missouri State University. David has a BA from the Catholic University of America and a Doctor of Law from Wash U in Saint Louis. He believes in the power of mindset and taking control of your thinking.