Dow soars as budget deal sparks first trading day of year
Stocks jump on the first trading day of 2013 after a fiscal cliff budget deal. The Dow rises over 300 points, its biggest start since 2011, with all 30 Dow components gaining and the VIX dropping to 14.68. Investors caution that the pact only postpones deficits rather than cures them, as markets cheers mix with wary analysts.
MENTIONED IN THIS ARTICLE
New York
Europe
Asia
U.S
New York Stock Exchange
Dow
Standard & Poor
Beach Boys
Polk predicts U.S. auto sales above 15 million in 2013
Polk research firm forecasts the auto sector to rise nearly 7 percent to 15.3 million new vehicle registrations in 2013 driven by a healthier economy and up to 43 new models. The forecast depends on a fiscal deal and includes a rebound in large pickups and midsize cars.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Polk
Anthony Pratt
Americas
Washington
Congress
Avis to Buy Zipcar for 491 Million Expands Car Sharing Reach
Avis Budget Group to acquire Zipcar for 491.2 million dollars, aiming to tap younger tech savvy customers and broaden rental options. Zipcar serves 760000+ members with hourly rates, fueling a shift toward flexible urban transportation.
MENTIONED IN THIS ARTICLE
New York
Avis
Zipcar
Avis Budget Group Inc
U.S
Enterprise Rent-a-Car
Hertz Global Holdings Inc
Ron Nelson
Nelson
Enterprise and Hertz
Wall Street
Parsippany
N.J
Zipcar Management
Scott Griffith
Mark Norman
U.S. manufacturing edges up in December amid mixed signals
ISM data show manufacturing activity rising to 50.7 in December from 49.5 in November while the employment gauge climbs to 52.7. New orders hold, production slows, and stockpiles shrink as export orders turn positive. China also reports improving factory activity, signaling broader demand.
MENTIONED IN THIS ARTICLE
Washington
U.S
Institute For Supply Management
ISM
Labor Department
Jim O'Sullivan
China
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BMO Private Bank
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Miss
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House
Senate
Zipcar.com
Samantha Bomkamp
Christopher S. Rugaber
The
the Market IN Review
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Ifminors
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ATA Inc
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Ishr2k
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Microsoft
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At&t Inc
Jpmorgch NY
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LNB Enep. Nasd
Rs NY
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BkofAm AmintiGp NY NY
Baripvixrs
Nasd Od
Bob Evans
Nasd
NiSource NY
NokiaCo NY
Citigroup NY
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Oracle Nasd
Csvellvst NY
PNC NY
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ParkerHan
Diebod NY
Penney NY
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Pfizer NY
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EmersonEl NY
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Facebook
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Fi NY
S&psooetfny
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GenElec NY
Honwlinth
Is Ease NY
WalMart
Ishr2e NY
Wellsf
Aki
Cc Exch
Lt Sweet Crude
NYMX
BaiAm
Eurpacgra Mfb
FnvnvAm
GrthAmAm
incAmerAm MA
InvCoAmAm LB
NewPerson m WS
WA MutinvA m_ LV
Dodge & Cox IntiStk
Cox Stock LV
Frank Temp-Franklin
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