Auto sales slip as GM leads July decline in U.S. market
July auto sales fell across most makers led by General Motors down 15.4 percent from a year earlier. Ford dropped 7.5 percent while Fiat Chrysler fell about 10 percent. Toyota and Lexus rose 3.6 percent. FCA showed mixed results with Alfa Romeo surging while Jeep and Dodge declined.
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Markets Rise on Banks and Tech as Second Quarter Beats Rise
U S stocks gained led by banks and technology after strong second quarter results. Intel rose on Mobileye deal completion, Apple jumped after hours on solid earnings and Pfizer reported higher profit though revenue fell short of forecasts. Sprint signals possible merger talks while Under Armour yo-yo cuts 2 percent of workforce.
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