S&P 500 Gains and Losses Today: Ford Leads Automakers Higher; Deckers Stock Drops

Key Points - Ford Motor Company was the best-performing stock in the S&P 500, with shares soaring over 12% after reporting third-quarter earnings that exceeded analysts' estimates [3][7] - The strong earnings report from Ford overshadowed a cut to its outlook due to a fire at an aluminum supplier [3] - Other major automakers, including General Motors, also saw their shares rise following Ford's performance [3] - Deckers Outdoor, the maker of Ugg and Hoka shoes, experienced a significant decline of over 15% in its shares after providing a weaker-than-expected outlook, citing potential pullbacks in consumer spending due to tariffs and higher prices [5][7] - International Business Machines (IBM) and Advanced Micro Devices (AMD) saw their shares jump nearly 8% to record highs after IBM reported successful results using an AMD chip for quantum computing [4] - Micron Technology, a supplier for AMD and Nvidia, also gained 6% following the news [4] - The overall U.S. equities market finished the week at record highs, with the Nasdaq rising 1.2%, the S&P 500 adding 0.8%, and the Dow climbing 1% to surpass 47,000 for the first time [2]