Ford, GM, Fiat Chrysler Drive Higher as Dow Hit Record Close




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Summary: Wall Street finished higher across the board Tuesday. The Dow Jones Industrial hit another record close. Stocks rose on car makers reporting better-than-expected November sales. American autos Ford (F) and General Motors (GM) drover higher. Fiat Chrysler (FCAU) accelerated the most, up just shy of 3%. Telecoms were today's worst performers. Dow components AT&T (T) and Verizon (VZ) were the blue chips' biggest laggards. But energy stocks led the gains. Chevron (CVX) and Exxon Mobil (XOM) were the Dow's best performers despite oil going back to selling off after yesterday's rise. Crude futures for January delivery settled down more than $2 a barrel. Biogen (BIIB) gained nearly 6.5% after announcing plans to expand its Alzheimer's drug testing.