General Motors (GM) CFO says higher gasoline prices have not impacted sales
General Motors' CFO indicating that higher gasoline prices have not affected sales may suggest that consumer demand for their vehicles remains resilient.
US ADP Employment Change Weekly 16.5K (prev. 19.3K)
US Treasury Secretary Bessent says underlying US economy is very strong, core prices are stable; 3% growth is "not unreasonable" for H2
General Motors (GM) CFO says higher gasoline prices have not impacted sales
US Treasury Secretary Bessent says the US can sanction any open-source AI Model if they do IP theft; going to be looking China models in the coming days
Danaher (DHR) says management expects accelerating revenue and earnings growth in H2 and beyond, with productivity benefits supporting high-single digit earnings growth
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This could reflect positively on their revenue expectations and may also signal robust consumer confidence in the face of rising energy costs. Such a stance might further influence the automotive sector and overall market sentiment regarding discretionary spending.
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