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Building a head of steam

Building a head of steam

Daimler sees profit momentum continuing after beating estimates.

  • #Daimler AG said #earnings came in significantly above market expectations last year, as robust sales in China and surging demand for its hybrid cars helped the German manufacturer.
  • Bridgewater Associates founder Ray Dalio said #Bitcoin is “one hell of an invention” and he’s considering cryptocurrencies as investments for new funds.
  • #S&P 500 and the #Dow index futures traded in a tight range, ahead of data which will likely show another sharp contraction in the U.S. economy, while #Nasdaq futures slipped following a decline in big-technology companies.

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