<< Read Full Article

Tomorrow's Headliners: Auto Sales Data

Stock quotes in this article: GM , F , HOV , PAY , BOBE  

After waiting for weeks for a resolution on General Motors (GM Quote), Monday brought more clarity on the automaker's future. But even with the GM bankruptcy in the rearview mirror, traders will still have to focus on carmakers during Tuesday's session.

That's because auto sales data for May are scheduled to be released throughout the day, and it will likely serve as one more reminder of GM's recent woes.

There may be a glimmer of hope yet, though. Edmunds.com is forecasting that May new-vehicle sales will show an increase of 8.9% vs. April's sales figures. But make no mistake about it, sales are still depressed when compared with last year. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,480.12 1,111.60 2,207.71 35.86
Oil *
72.65
DOWN
20.93
DOWN
2.51
DOWN
4.39
UP
0.40
10 Yr
3.59%
SPDR Gold
110.02
-0.20%
-0.23%
-0.20%
+1.13%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services