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GM recalling more than 449,000 SUVs, pickups; Wall Street closes its record-setting week mixed

General Motors is recalling more than 449,000 of its SUVs and pickup trucks because the electronic brake control module software may fail to display a warning light when a loss of brake fluid takes place.

The National Highway Traffic Safety Administration said Friday that the recall includes certain 2023-2024 Cadillac Escalade and Escalade ESVs, 2023 Chevrolet Silverado 1500, 2023-2024 Chevrolet Tahoe and Suburban 1500, 2023 GMC Sierra 1500, 2023-2024 GMC Yukon and Yukon XL models.

The agency said that without the warning light, a vehicle may be driven with low brake fluid, which can reduce braking performance and increase the risk of a crash.

A free software update will be provided to vehicle owners.

Owner notification letters are expected to be mailed Oct. 28. Vehicle owners can contact GMC customer service at 1-800-462-8782, Chevrolet customer service at 1-800-222-1020, or Cadillac customer service at 1-800-458-8006.

Wall Street closes its record-setting week mixed

A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs they hit during a worldwide rally the day before.

The S&P 500 slipped 0.2% from its record, and the Nasdaq composite fell 0.4%. The Dow Jones Industrial Average, meanwhile, added 38 points, or 0.1%, to its all-time high.

FedEx dragged on the market with a drop of 15.2% after its profit and revenue for the latest quarter fell short of analysts’ expectations.

 

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