S&P 500 Gains & Losses Today: GM Stock Speeds Higher; Newmont Sinks as Gold Retreats
1. GM shares surged 15% after a strong earnings report. 2. The company reduced forecasted tariff costs, aiding profit outlook. 3. GM will incur a $1.6 billion loss due to EV strategy reevaluation. 4. Analysts noted rapid adaptation to tariff changes by GM. 5. Market indices were mixed, reflecting varied investor responses.