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Friday, October 6, 2023

Stocks Extend Gains After New Auto Strikes Averted

 

US stock benchmarks ground higher after automakers were spared from new walkouts.

The S&P 500 erased its weekly losses with a 1.5% advance on Friday. Ford Motor Co. and General Motors Co. climbed to session highs after the United Auto Workers reached a last minute deal with GM. The Nasdaq 100 jumped 1.9% with large-cap tech names, including Microsoft Corp., Apple Inc. and Nvidia Corp., powering the index higher.

https://www.bloomberg.com/news/articles/2023-10-05/stock-market-today-dow-s-p-live-updates

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