US market today: Wall Street steady near record highs as GM warns of tariff pain, homebuilders rally on strong Q2
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US stock markets showed mixed performance near record highs as investors digested earnings reports and trade policy signals. General Motors warned of a potential multi-billion dollar tariff hit, while homebuilders experienced a surge due to strong profits despite ongoing market challenges. Treasury yields remained stable amid expectations of future Federal Reserve rate cuts. What's Your Reaction?
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