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Stockreport

U.S. stocks fall on sour earnings, trade fears [Reuters]

Ford Motor Co (F)  More Company Research Source: Reuters
Last ford motor co earnings: 10/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
PDF U.S. stocks fall on sour earnings, trade fears | Reuters 5 Min Read NEW YORK (Reuters) - U.S. stocks dropped on Thursday after earnings disappointed and trade jitters escalated over worries that the European Union could slap retaliatory tariffs on goods imported from the United States. Officials from the EU Trade Commission, due in Washington next week for trade talks, are said to be preparing a list of tit-for-tat actions in response to proposed U.S. tariffs on EU cars. Automakers said tariffs on U.S. cars and car parts could increase vehicle prices by $83 billion annually. Ford Motor Co ( F.N ) and General Motors Co ( GM.N ) were down 0.5 percent and 1.4 percent, respectively. On Wednesday, the Federal Reserve’s Beige Book report showed manufacturers in all 12 districts of the U.S. central bank are worried about the impact of the trade dispute. “If this ends up being a protracted war, it’s going to be bad news,” said Stephen Massocca, senior vice president at Wedbush Securities [Read more]

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