DETROIT — Ford Motor Co. Executive Chairman Bill Ford called on autoworkers to come together and end a monthlong strike that he says could cost the company the ability to invest in the future. In a rare speech during contract talks in Dearborn, Michigan, Ford said high labor costs could limit future investments. The great-grandson of company founder Henry Ford said that will cost many jobs and America will also lose.
NEW YORK — U.S. stocks rallied as some of last week’s moves driven by worries about war in the Middle East unwound. The S&P 500 climbed 1.1% Monday. The Dow rose 314 points, and the Nasdaq composite added 1.2%. Treasury yields rose after tumbling last week on worries that fighting in Gaza will escalate. Crude oil prices dropped, and gold also slipped as last week’s flight toward safer investments waned.