Should I Retire if My Co-Workers Are Facing Layoffs?

German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.

The S&P 500 index dipped as investors weighed new hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.

The action, which will put pressure on the nation’s borrowing costs, reflects doubt that a new government can mend the deteriorating financial situation.