NEW YORK, NY / ACCESSWIRE / October 25, 2017 / U.S. markets rebounded Tuesday on the strength of corporate earnings as better-than-expected earnings from Caterpillar and 3M lifted the Dow to new record highs. The Dow Jones Industrial Average jumped 0.72 percent to close at 23,441.76, while the S&P 500 Index gained 0.16 percent to close at 2,569.13. The Nasdaq Composite Index rose 0.18 percent to close at 6,598.43. Financials, along with materials and industrials were the top performing sectors in the S&P 500 with gains of 0.7 percent, 0.6 percent and 0.5 percent, respectively.

"For the most part, earnings across sectors are coming in strong, and Caterpillar is significant today. Not only did they blow their numbers out of the water, but they export so much, suggesting that the whole concept of the global economy becoming synchronized and moving higher is in play," said John Brady, managing director at R.J. O'Brien & Associates, according to MarketWatch.

"I'm not concerned about valuations yet, though it is hard to find cheap stocks. But there is just no compelling investment alternative to equities right now."

RDI Initiates Coverage on:

Ford Motor Company
https://rdinvesting.com/news/?ticker=F

General Motors Company
https://rdinvesting.com/news/?ticker=GM

Ford Motor Company's stock moved 1.25% higher Tuesday, to close the day at $12.19. The stock recorded a trading volume of 34,648,885 shares, which was below its three months average volume of 36,141,300 shares. In the last year, Ford Motor Company's shares have traded in a range of 10.47 - 13.27. The share price has gained 16.43% from its 52-week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $11.92 is greater than its 200-day moving average of $11.33. Shares of the company are trading at a Price to Earnings ratio of 12.83. Shares of Ford have gained approximately 0.49 percent year-to-date.

Access RDI's Ford Motor Company Research Report at:
https://rdinvesting.com/news/?ticker=F

On Tuesday, shares in General Motors Company recorded a trading volume of 27,908,522 shares, which was above the three months average volume of 12,178,500 shares. The stock ended the day 2.95% higher at 46.48. The share price has gained 53.86% from its 52-week low with a 52-week trading range of 30.21 - 46.76. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $41.53 is greater than its 200-day moving average of $36.38. Shares of General Motors Company are trading at a Price to Earnings ratio of 8.08. Shares of General Motors have gained approximately 33.41 percent year-to-date.

Access RDI's General Motors Company Research Report at:
https://rdinvesting.com/news/?ticker=GM

Our Actionable Research on Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) can be downloaded free of charge at Research Driven Investing.

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