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The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

Why Auto Stocks Ford, Lucid, and GM Are Falling Today

Chris Neiger, The Motley Fool
·3-min read
Why Auto Stocks Ford, Lucid, and GM Are Falling Today

Shares of automotive stocks were tumbling today as the broader market fell on concerns of near-record inflation and a stronger-than-expected labor market. Investors are concerned that persistent inflation and a strong labor market will encourage the Federal Reserve to continue hiking interest rates, which could end up slowing the economy down too much. As a result, Ford (NYSE: F) fell 5.4%, Lucid Group (NASDAQ: LCID) slid 6.3%, and General Motors (NYSE: GM) tumbled 5.7% as of 11:43 a.m. ET.

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