Morning Briefing: GM aims high on revenue, challenges Tesla with electric SUV

Moomoo Breakfast US wrote a column · Oct 7, 2021 05:39

Morning Briefing: GM aims high on revenue, challenges Tesla with electric SUV

By Julianna

Hey, mooers! Here are things you need to know before the opening bell:

- U.S. stock futures edged higher early Thursday morning after the Dow Jones Industrial Average reclaimed a 459-point loss on Wednesday as investor concerns about a debt ceiling deal eased.

- The Detroit auto maker GM wants to more than double revenue by 2030 aided by new electric models, including an entry-point vehicle priced at $30,000.

Market Snapshot

U.S. stock futures edged higher early Thursday morning after the Dow Jones Industrial Average reclaimed a 459-point loss on Wednesday as investor concerns about a debt ceiling deal eased.

Dow Jones Industrial Average futures rose 179 points. S&P 500 and Nasdaq 100 futures were also in positive territory.

Source: Bloomberg

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