- Auto sales were hot in July, helped by deep discounts
General Motors, Ford, Nissan and Chrysler all report healthy gains as generous summer deals help boost sales. The average price buyers paid fell by 4%, while incentives were up by 8%.
- Stocks turn lower after July employment report
- Jobs report shows Fed can be patient on rates
- Consumer spending rises | But confidence dips
- Hyundai recalls more than 400,000 cars, SUVs
- P&G to shed up to 100 brands | Profit jumps 37%
- Factory activity expands at fastest pace in 3 years
- Chevron's profit climbs on higher energy prices
- Fiat shareholders vote in favor of Chrysler merger
- Harley recalls bikes to fix ignition switch problem
- Student starts class-action case against Facebook
- Colorado considers new look for edible marijuana
- Don't just stand there: Dump these investments
Ten percent of earners in these eclectic occupations make $100,000 a year or more.
- U.S. job growth cools, unemployment rate rises to 6.2 percent9:26 AM ET | Reuters
- Wall Street flat; weak payrolls soothe rate-hike fears10:40 AM ET | Reuters
- July factory activity expands at fastest pace in 39 months: ISM10:21 AM ET | Reuters
- Corporate reports signal stronger US commercial building recovery10:59 AM ET | Reuters
- Consumer sentiment dips in July10:21 AM ET | Reuters
- India says WTO deal not dead, can sign in September if concerns addressed11:25 AM ET | Reuters
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[BRIEFING.COM] The major averages have taken a turn lower since our last update with the S&P 500 now down 0.2%. Small caps, meanwhile, underperform with the Russell 2000 lower by 0.7%.
Interestingly, the small-cap index was in a position of relative strength at the open, but its outperformance could not trigger a sustained rally or improve the overall sentiment. Given its current standing, the index sits at its lowest level since late May.
The recent weakness in equities ... More
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