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Market Close: Stocks Mixed, Dow Gains 500, Ford's Quarter Mixed • 7/28/26
CNBC Television· 2026-07-28 20:59
I'm Jessica Edinger, CNBC. Wall Street opens Wednesday morning after a mixed day for the major averages. The Dow, though, had its best day since the start of July.The Dow was up 537 points, a full 1%. It was led higher by shares of Sherwin Williams which soared up 8%. IBM shares up 5%.CocaCola up 5% as well on strong quarterly results. The S&P 500 index added 15 points. It was the NASDAQ that was in the red down 55 points but off its earlier lows.chipmaker stocks. Only Nvidia had a winning day in that group ...
Ford Cashes In on Sales of High-Margin SUVs
Bloomberg Television· 2026-07-28 20:53
Let's go back to forward here. I'm sure is up about 4.5%. Aaron Keating joins us right now executive analyst over at Cox Automotive.We've seen the numbers. We've seen that the vehicle sales in terms on a unit basis down about 10%. But of course, we see the revenue numbers and more importantly we see the margins.Aaron, this was a shift away from some of those low margin vehicles to those higher margin SUVs. Is this a one off or is this the long term story for Ford. I remain thanks for having me. Now this is ...
Trump: It's amazing what tariffs will do for General Motors
Yahoo Finance· 2026-07-28 19:35
It's amazing what tariffs will do for General Motors and what the election has done. They're doing great. General Motors is doing fantastically, the best year they've ever had.And I won't get into it, but there's a reason. We've been very good to General Motors. And uh the rest of the world doesn't love me, but that's. ...