Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick:
Inventory stock levels for used car levels were up 7.8%.
Stocks opened at notable highs today with the Dow Jones gaining 122 points or 0.43% in the opening minutes of trading. Meanwhile, the S&P 500 and Nasdaq composite increased by 0.4% and 0.8% respectively. Average interest rates remain low at 3.3%, and the average cost of gas is $2.23 per gallon. For more detailed information, check out the CBT News Market Center powered by LotLinx.
Did you enjoy this installment of the Weekly Automotive Market Minute? You can share your thoughts, comments, or questions regarding this topic with host Jim Fitzpatrick at jfitzpatrick@cbtnews.com. Be sure to stay tuned for this Monday’s full-length market update.
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