GM Tops Earnings Forecasts, Gains Nearly 2% - Adviser Investments

GM Tops Earnings Forecasts, Gains Nearly 2%

Rick Winters, vice president at Adviser Investments, has the market analysis for Wednesday, February 6. Major U.S. stock indexes declined slightly today: The Dow Jones Industrial Average, S&P 500 and NASDAQ dropped 0.1%, 0.2% and 0.4%, respectively. Despite the down markets, General Motors’ stock gained nearly 2% on stronger-than-expected profit and revenues and confirmed a full-year adjusted earnings range of $6.50 to $6.70 per share.

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