S&P comes back into the green and up 5 pts on the day to 1660 from the low at 1640 after the circus show of Syrian comments sent us tumbling.
Stocks will also be boosted by the news that S&P has raised GM’s outlook to positive from stable. On Wednesday we noted a raft of good data from manufacturers Cars driving a US recovery but that was followed closely with a warning also US car sales beat estimates but executive says US autosales may see ‘giveback’ in September
GM shares are trading down 19 cents at $36.14 Agent Adam thinks they got wind of the S&P move yesterday as they were up 5% yesterday. It’s too rude to post what he told me he thinks about the integrity of the stock market
GM motors 06 09 2013
