01:35 PM EDT, 06/24/2024 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.3%. In corporate news, car dealerships including AutoNation ( AN ) , Lithia Motors (LAD) and Group 1 Automotive ( GPI ) warned of business disruptions...

01:30 PM EDT, 06/24/2024 (MT Newswires) -- US equity indexes traded mixed by Monday afternoon as the Nasdaq Composite fell after shares of Nvidia ( NVDA ) fell into correction territory. The Nasdaq slid 0.7% to 17,573.3, the S&P 500 was fractionally up at 5,466.3, and the Dow Jones Industrial Average climbed 0.7% to 39,418.7. Apart from technology and consumer...

June 24 (Reuters) - A group representing major automakers asked the National Highway Traffic Safety Administration to reconsider its new rule requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems. The Alliance for Automotive Innovation, representing General Motors ( GM ), Toyota Motor ( TM ), Volkswagen and nearly all other automakers said...

Eos Energy Enterprises, Inc. ( EOSE ) shares are trading higher Monday after the company announced a strategic investment of up to $315.5 million from an affiliate of Cerberus Capital Management LP.  The Details: Eos Energy ( EOSE ) said both companies believe the investment will accelerate Eos’ operating capabilities and industry position. The investment by Cerberus is structured as...