Dow Reclaims Market Lead As Dow Surges 100 Points
The Dow Jones rose about 0.5 percent on Tuesday briefly topping its record as Caterpillar McDonald's and DuPont posted strong gains. 3M and United Technologies declined despite solid results, while Nasdaq lagged with a flat day. Bruce Bittles of Baird cautioned that the rally occurs into a weak seasonal period.
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Tesla Model S Reclaims Top Rating With Upgrades
Tesla's luxury Model S gains top rating after updates including a new fascia and automatic emergency braking. Michael Kors buys Jimmy Choo for about 1.2 billion to expand luxury reach. Ford Mustang GT 2018 with Drag Strip mode debuts, faster to 60 mph but higher price.
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CBOE VIX And S P 500 P E Ratio Snapshot
The figure outlines the CBOE Volatility Index measuring expected market volatility from S P 500 option pricing and notes the price to earnings ratio based on trailing twelve month operating earnings.
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Uber adds driver phone support in first eight years
Uber unveils an in app phone line for drivers, part of a six month effort to improve partnerships with about 2 million drivers. The service starts in 14 cities with plans to expand, alongside other driver perks like easier fare detail corrections and a $15 backup payment for lost items.
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