|Day Low/High||13.32 / 13.50|
|52 Wk Low/High||12.63 / 17.45|
Global stocks edged higher Tuesday, with investors reacting cautiously to progress in U.S.-China trade talks but still unnerved by the ongoing political chaos surrounding Britain's Brexit vote, as bond investor prep for a series of Treasury auctions in the United States.
Germany's benchmark stock index slumped into bear market territory Thursday, following along with steep declines for global stocks, amid concerns that the arrest of the CFO of Huawei Technologies, the world's biggest smartphone maker, could end the uneasy trade war truce between Washington and Beijing.
U.S. automakers surged Monday, while their European rivals booked the biggest single-session gains in more than a year, after President Donald Trump said China had agreed to lower tariffs on cars imported into the world's biggest market following an agreement with Xi Jinping to suspend their simmering trade war at this weekend's G20 summit in Argentina.
General Motors and Daimler are both investing in software to compete with Uber in what is the next leg of the growth of the auto industry.
Carmakers are getting into software, the future of driving.
Stock futures rise as Wall Street anticipates the Federal Reserve will boost interest rates by 25 basis points for the third time in 2018; Nike slides as sales growth and margins disappoint,; Delta resumes flights after a 'technology issue'; Dunkin' drops 'Donuts' from its name.
Global stocks traded mixed Wednesday, as a continued rebound for markets in Asia boosted sentiment ahead of today's Federal Reserve interest rate decision was offset by a weaker start to European trading, as investors continue to worry about the underlying impact of the U.S. China trade war and the ongoing rise in crude oil prices.
Daimler said Wednesday that long-serving CEO Dieter Zetsche would step down as CEO of the luxury automaker next year, and move to the supervisory board, in order to make room for new boss Ola Kaellenius in one of the biggest management shakeups for the iconic German group in decades.
European carmakers lead markets higher Tuesday, following last night's rally for U.S. auto stocks on Wall Street, following news of a potential overhaul of the North American Free Trade Agreement that could ease tensions between Washington and Brussels and spare the sector from fresh tariffs.
Global oil prices extend gains Tuesday, taking U.S. crude closer to $70 a barrel, as President Donald Trump's decision to renew 'snap back' sanctions on Iran rattles investors.
Volkswagen fell to the bottom of the market in Germany Wednesday, dragging European rivals lower, after the world's second-largest carmaker warned the "growing protectionism" could make it more difficult to meet near-term financial targets even after posting much stronger-than-expected second quarter earnings.
European carmakers surged Thursday trading following last night's trade agreement between the European Union and the United States that included a "major concession" on auto tariffs from President Donald Trump.
Harley-Davidson and Daimler AG aren't the only ones who have been forced to change their business models by the trade war.
Here's a running list of businesses that have already felt the consequences of trade tariffs
Global stocks were mixed in early Thursday trading, with solid gains in Europe helping Wall Street futures firmly into the green, even as continued weakness in Asia suggests investors remain very concerned about an imminent trade war between the US and China.
Germany's Handelsblatt newspaper says US Ambassador Richard Grenell told car executives that President Trump has offered a "zero tariff" solution on auto imports that would end an impasse on trade between two of the world's three largest markets.
New moves by U.S. lawmakers to limit foreign investment could signal a new shift in the simmering global trade war as stocks fall and U.S. bond yields signal slowing economic growth.
German car stocks turned red Tuesday after President Donald Trump said the U.S. was close to finishing a study on tariffs for the European auto sector.
President Trump may be betting that the U.S. economy, which is growing faster than Europe's and is less dependent on exports than either Europe or China, is better equipped to withstand a trade war.
BlackBerry CEO John Chen weighs in on the escalating trade war between the U.S. and China.
President Donald Trump's plans to slap fresh tariffs on car imports would be " broadly credit negative for the global auto industry", a new Moody's report cautioned Monday.
Global stocks fell sharply Monday, taking Dow futures around 150 points into the red, as President Donald Trump continues to suggest the U.S. will escalate trade tensions with both China and Europe later this week.
German automakers extended their recent slump Friday after President Donald Trump threatened a new round of tariffs on European imports amid the escalating global trade war.
U.S. stocks are set for a solid open Friday, with the Dow poised to snap its 8-day losing streak, but investors are starting to count the costs for the now-escalating trade war between Washington and its biggest economic allies.
Got tariff wars? Disney borders on reckless with its pursuit of Fox's assets. Tech stocks have reached out-of-control levels.
Micron's stock continues to defy conventional wisdom. But that isn't too different than what's happening to other tech stocks.
U.S. stock futures fall on Thursday as investors eye developments in the U.S.-China trade war; oil prices slide on reports OPEC is nearing a deal to boost output; sales at Micron jump; Daimler issues a profit warning.
A brief respite in trade war rhetoric has global stocks edging higher Thursday, but investors remain broadly cautious as China's state-run media continues to warn that it's ready to match U.S. tariffs.
Mercedes-Benz maker Daimler traded at the lowest level in nearly two years Thursday after the luxury carmaker said import tariffs and emissions issues would hit full year profits.
Germany's Transport Minister will meet with Damiler CEO Dieter Zetsche following a Bild am Sonntag report that said as many as one million of its diesel-powered cars were fitted with "defeat devices" to beat emissions tests.
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