Market Update: A Closer Look at Stocks

The stock market has faced challenges recently, with the S&P 500 experiencing a decline for the fifth consecutive day. As we look ahead, there are a few noteworthy developments to consider. For instance, Bob Broderdorf, the CEO of Stellantis’ Jeep brand, is set to unveil the New Cherokee, which will be covered by CNBC’s automotive team, including Phil Lebeau and the Squawk Box hosts.

This year, stock prices have dropped by around 26%, and looking back over the past year, that figure goes up to about 42%. On the other hand, Ford has seen a 14% increase in 2025, with an annual rise of roughly 4%; however, it’s worth noting that the stock is still about 5% off from its peak last month. Similarly, General Motors has grown 6% this year, bolstered by a 21% increase in inventory. Nevertheless, its stock remains 7.7% lower than it was in November.

Shifting focus to Tesla, the company’s stock has fallen by about 20% this year, though it remains up by 43% year-over-year, down significantly from December’s heights. Toyota, meanwhile, experienced a slight uptick of 1% in 2025 and is only 2% from its own December peak.

As for retail, Stellantis has plans to distribute its products through 440 Buckle locations, including outlets in Mayfair Mall, Wisconsin. Buckle’s stock has risen 35% in the last quarter, though it recently slipped 4.6% from an earlier high.

On a different note, AT&T saw its shares climb 7.4% in August, resulting in a 29% increase this year. Its relative strength index (RSI) is currently at 73.5, suggesting the stock might be overbought, but this isn’t a guarantee of a sudden market shift. The quarterly dividend stands at 28 cents per share, equating to a yield of 3.77%.

Seagate Technology also grabbed attention, with its stock seeing a substantial jump of 48% in the past three months. However, it faced a setback recently, closing down 2.4% on Thursday.

Looking at the insurance sector, the S&P industry is projected to grow by 2% this week, with Everest up 4.9% and Arthur Gallagher increasing by 4.3%. Travelers have gained 3.5% over four days. Conversely, the airline sector, represented by Delta Air Lines, has dropped approximately 4% so far this week, with United down 3.7% and Southwest falling by 1.4% over the same period.