Skip to main content

GM recalls trucks

The markets extended its gains during the midday with the Dow leaping 217 points to 23,488. Nasdaq surged 98 points to 6,805.


General Motors will recall approximately 49,000 Chevrolet Silverado and GMC Sierra 3500 trucks around the world to fix a potential fuel leak. Model year trucks 2011 to 2015 with two fuel tanks may have a faulty low-fuel-level sensor in the front fuel tank that can possibly cause a hole to form and leak fuel. No fires or injuries have been reported.


Tesla plans to unveil an electric big rig truck tonight that may transform the long haul trucking industry. The Tesla Semi is expected to be partially self-driving so that cargo transportation will be safer and less expensive. Analysts are concerned about the distance that an electric truck can travel between charges.


Johnson & Johnson prevailed in a lawsuit filed against it by a woman in California who claimed that asbestos in the company's products caused her cancer. The plaintiff alleged that Johnson & Johnson's talcum powder products contain asbestos and that the company knowingly sold products with asbestos. Johnson & Johnson denies that there is asbestos in any of their products and that their products are safe.


In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 2 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 soared 24 points to 2,589. Bitcoin surged $522 to $7,767.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.