Autos boom and shift to trucks shapes 2017 market
U S auto sales in 2017 are seen around 17.2 million, down from 17.55 million in 2016, with strength in trucks and SUVs. Analysts cite a robust economy, high stock markets, and low unemployment as drivers, while rising interest rates and tax changes could temper demand. Ford, GM, Toyota, FCA and Honda edged lower in December, with Ford up on F-Series strength.
MENTIONED IN THIS ARTICLE
U.S
Charlie Chesbrough
Cox Automotive
Alec Gutierrez
Kelley Blue Book
General Motors
Toyota
Fiat Chrysler
Honda
Ford
Motor Intelligence
Michelle Krebs
Autotrader
Ford posts 0.9 percent rise in December U.S. sales
Ford’s U.S. sales rose 0.9 percent in December led by 89,385 F-Series pickups. Fiat Chrysler sales fell 11 percent and GM dropped 3.3 percent. Ford sold more than twice as many large pickups as all passenger cars, with the F-Series again the best selling vehicle in the U.S. The Avon Lake Ohio Assembly Plant produces E-Series and heavy F-650 F-750 models and employs about 1,650 workers.
MENTIONED IN THIS ARTICLE
Detroit
Ford
U.S
Fiat Chrysler
General Motors
Ohio
Avon Lake
Five ways to judge if tax cuts boost pay and growth
Analysis outlines how to assess the impact of the $1.5 trillion tax cut on consumer spending wages and growth. It cites retail sales up 4.2 percent year to date forecasts of higher take home pay by February and possible pay raises though experts differ on the scale. It notes stock market gains and corporate bonuses, with caution about long term effects on wages and investment and points to the jobs report earnings as a key measure.
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Washington
Donald Trump
Trump
Standard & Poor
Gary Cohn
Kevin Hassett
At&t
Comcast
Wells Fargo
Hassett
Associated Press
Tech and energy lift stocks to record highs on Wednesday
Wall Street set records as technology and health care led gains while energy shares climbed on rising crude prices and a Domination Energy deal. Nvidia and AMD surged despite Intel's setback from a security flaw. Scana jumped after Dominion agreed to buy it for 7.9 billion in stock. The Dow rose 98.67 to 24922.68, Nasdaq added 58.63 to 7065.53, and the Russell 2000 gained 2.56 to 1552.58 on strengths across sectors. All four indices closed at records.
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Iran
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Div
Yid_PE
Chg
AK Steel
NiSources
At&t Inc
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Northrop
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PNC
Apple Inc Paretem Rs
Bkof
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S&psooetf
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ENSCO
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Facebook
Sherwin
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GenElec
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iShGold
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iShBrazil
Ussteel
Vala SA
ValeantPh
Invacare
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Keycorp
VerizonCm
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WalMart
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Weatht Ntl
Macys
Wendys Co
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Hd Micront
Microsoft
Yamana G
RT Oe
Lt Sweet Crude
NYMX
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CME
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ICE
Intercontinental Exchange
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Syear
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Fdmtlinvsa mm
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Dodge & Cox Inc
Dodge & Cox IntiStk
Dodge & Cox
Fidelity
Franklin Templeton Inca
Metropolitan
West
T. Rowe Price GrSth
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The
Associated Press
Spotify files for direct IPO listing amid copyright suit
Spotify confidentially filed for an IPO with the SEC planning a direct listing on the New York Stock Exchange without new shares. A $1.6 billion copyright lawsuit by Vixen Music Publishing accuses Spotify of infringing more than 10,000 songs, potentially chilling investor demand.
MENTIONED IN THIS ARTICLE
Spotify
New York Stock Exchange
Vixen Music Publishing
Securities and Exchange Commission
Axios
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