The auto industry recovers

The auto industry recovers

BMW announces much improved quarterly financial data

  • BMW investors reacted calmly to news that free cash flow zoomed ahead in the 3rd quarter at a much faster rate than expected by analysts.
  • Bitcoin breached the 12K mark in a rally that was highly anticipated by the market after the cryptocurrency had a six-day streak of gains last week.
  • Wall Street's main indexes rose as investors hoped for more stimulus from Washington, with Senate Republicans preparing to vote on a bill to help small businesses hammered by COVID-19.

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