With the S&P 500 clearing the 2,700 level and the Nasdaq clearing the 7,000 level there is but one more milestone to have been achieved. That milestone achievement will come from the Dow Industrials clearing or touching the 25,000 level. Ahead of this likely accomplishment we expect to see some key components of economic data…
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Autos, no autos, as sales for the big three U.S. automakers came in today! General Motors Co. said December sales slipped 3.3%, to 308,539 vehicles. The nation’s largest auto maker posted solid gains in pickup trucks and crossover SUVs—among its most profitable products—and posted record sales for the year in both categories. Analysts were pleased…
The major indices got off to a strong start in the New Year yesterday with all three major averages climbing to record levels with five of the 11 primary S&P 500 sectors gaining more than 1% on the day. Both the S&P 500 and the Nasdaq hit intraday records in the final minutes of trading.…...
