Mercedes-Benz Group AG is trading 4.4% down at $46.75 following a hawkish Federal Reserve policy hold and significant weakness across the automotive sector, triggered by BMW's profit warning. - The Federal Reserve’s June 17 decision to maintain interest rates came with a more hawkish tone, pressuring risk assets broadly. - German auto stocks, including Mercedes-Benz, experienced significant downward pressure after BMW issued a profit warning, citing China weakness and the impact of the Iran war on June 17, 2026.