Market Performance - U.S. equity markets closed positively, with the Dow Jones Industrial Average (DJI) rising by 423 points (0.89%) to 47,897.79 [2][8] - The S&P 500 increased by 21.94 points (0.32%) to 6,851.31, while the NASDAQ gained 42.98 points (0.18%) to finish at 23,456.65 [2][8] Automotive Sector Developments - The U.S. Department of Transportation (USDOT) announced revised fuel economy rules, projected to save automakers over $35 billion through 2031 [3][8] - The new standards will require an average light-duty vehicle fuel economy of approximately 50.4 miles per gallon by model year 2031, saving consumers over $23 billion in fuel costs through 2050 [3][8] - Former President Trump attributed increased investment in U.S. auto firms partly to tariffs and praised Ford's F-150 truck [3] Corporate Earnings - Salesforce (CRM) reported Q3 2025 results with an adjusted EPS of $3.25, surpassing analyst estimates of $2.86 [4][8] - Revenue for Salesforce was slightly below expectations at $10.26 billion, compared to an estimated $10.28 billion, while Subscription & Support Revenue met estimates at $9.73 billion [4][8] - For Q4, Salesforce provided revenue guidance between $11.13 billion and $11.23 billion, exceeding the estimated $10.91 billion, and projected Q4 adjusted EPS of $3.02 to $3.04, aligning with the $3.03 estimate [4]

Trump administration rolls back fuel economy standards, again https://t.co/fp3WasmOxY ...

The Trump administration on Wednesday will propose a significant rollback of fuel economy standards finalized by former President Joe Biden last year in its latest push to make it easier for automaker... ...

Traffic on Interstate 80 in San Pablo, California, US, on Wednesday, Nov. 26, 2025.The White House will announce new fuel economy standards on Wednesday, according to administration sources. The White House will propose a major rollback of the standards implemented by former President Joe Biden last year, sources told Reuters. Executives from Ford, General Motors and Stellantis are expected to attend the event at the White House. The Biden administration standards required passenger cars and light trucks to ...