investing.com 12 Jan, 2021 19:00 am

Wall Street edges higher with eyes on earnings season; GM soars By Reuters

Wall Street edges higher with eyes on earnings season; GM soars

The S&P 500 posted 81 new 52-week highs and no new low, while the Nasdaq recorded 353 new highs and 12 new lows.Trump delays increase in fuel economy penalties at auto industry request p By David Shepardson WASHINGTON (Reuters) - The Trump administration agreed on Tuesday to an auto industry request to delay the start of dramatically higher penalties for companies.The front facade of the NYSE is ssen in New York p By Devik Jain and Medha Singh (Reuters) - Wall Street's main indexes inched higher on Tuesday ahead of the start of corporate America's reporting season that could signal a rebound in earnings, while General Motors (NYSE: GM )' shares jumped on launching an electric delivery vehicle business.GM shares jump on plans for electric delivery vehicle business p By Ben Klayman and Paul Lienert DETROIT (Reuters) - General Motors Co (NYSE:GM) shares jumped on Tuesday to their highest level since the company's post-bankruptcy IPO in 2010, as.

Congress have pushed Wall Street to record highs, with growth-linked financial, industrial and energy stocks lifting the market higher.Five of the 11 major S&P sectors were trading higher with energy stocks gaining about 3%, tracking higher crude prices.

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