Ford Stock Has a Fatter Dividend Yield Than GM, But Is It a Better Buy?

Both the S&P 500 Index ($SPX) and the Nasdaq Composite ($NASX) fell to six-month lows on the last trading day of March. While markets recovered from the lows, the S&P 500 Index fell 5.8% for March, making it the worst monthly performance since December 2022. Markets have been jittery about President Donald Trump’s trade policy. Trump has already announced 25% tariffs on auto imports, and is set to announce reciprocal tariffs on April 2. Tariff uncertainty is worsening the already subdued macro environment, with many economists raising their odds of a recession.

U.S. Auto Stocks Have Been Hammered by Tariffs