[BRIEFING.COM] The S&P 500 (+0.1%) and Nasdaq Composite (+0.1%) are dropping from session highs.
Mixed action in the mega cap space has contributed to the mixed vibe at the index level. Tesla (TSLA 285.54, +13.49, +4.9%) is a big winner in the space despite the newly announced tariffs on automakers.
General Motors (GM 47.37, -3.57, -7.1%), Ford (F 10.05, -0.25, -2.4%), and Stellantis (STLA 11.75, -0.20, -1.7%) have traded down on the news.