Reply To: Traders Market Weekly: Naive Markets and The Fed Fortune Tellers


UAW confirmed reports that progress has been made on labor talks with Ford (F 12.51, +0.31, +2.6%), but indicated that Stellantis (STLA 19.42, +0.09, +0.5%) and General Motors (GM 32.63, -0.08, -0.2%) are going to need “serious pushing.”

Consequently, the UAW extended its strike to all GM and STLA parts and distribution centers beginning at noon ET.