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Wall Street futures rose more than 1% on Tuesday as easing U.S. Treasury yields boosted megacap growth and technology stocks, while investors awaited more economic data to gauge the Federal Reserve's rate hike path.

Growth stocks roared back to life on Monday, and that was a dinner bell for Cathie Wood. The Ark Invest CEO, chief investment officer, and founder publishes her transactions daily across all of her exchange-traded funds. She was an active shopper on the first trading day of Octob

The NASDAQ 100 Pre-Market Indicator is up 193.5 to 11,423.23. The total Pre-Market volume is currently 45,522,651 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is +1.16 at $21.82, with 11,343,333 shares traded. T

Shares of Rivian Automotive Inc rose nearly 8% in premarket trading on Tuesday after the company delivered a record number of vehicles in the third quarter and backed its target of producing 25,000 vehicles this year.

Only one stock market sector has escaped losses in 2022: energy. But even that may not last as the price of oil has recently collapsed and is on the brink of giving up its gains for the year. The point is that no investor, regardless of skill level, is immune to poor performance

Wall Street futures rose more than 1% on Tuesday as a pullback in U.S. Treasury yields boosted the demand for stocks, with investors waiting for more economic data to gauge the monetary tightening path.

On Friday evening, Tesla (NASDAQ: TSLA) held its second annual AI Day, which focused on the electric vehicle (EV) pioneer's progress in three areas heavily related to artificial intelligence (AI). These included developing Optimus, a humanoid robot; improving Autopilot's self-dri

Motorcycle giant Harley-Davidson (NYSE: HOG) completed the spinoff of its electric motorcycle business this week following LiveWire Group's (NYSE: LVWR) reverse merger with special purpose acquisition company (SPAC) AEA-Bridges Impact Corp.

Norwegian start-up Freyr Battery (NYSE: FREY) is getting bid up by Wall Street as analysts jump on the lithium-ion battery maker's bandwagon. The bullish sentiment assumes Freyr will cement extensive relationships within the global battery industry across several continents coupl

Wall Street futures jumped on Tuesday as retreating U.S. Treasury yields bolstered demand for stocks, while investors awaited clues on how much further the U.S. Federal Reserve would go with interest rate hikes to rein in surging prices.

Automakers have had a tough couple of years, with supply constraints taking a toll on them. Just as things gradually started to improve, rising interest rates, input cost headwinds, and an uncertain economic trajectory posed challenges. Macro headwinds are impacting consumer spending and auto demand, indicating a difficult operating environment for automakers in the coming months.

Car prices are now at record high levels. On top of that, average interest rates of more than 5.5% are at 3-year highs and have made the demand for new vehicles even more challenging.

Amid headwinds, the street is wondering if consumer demand will remain intact. Let's see what recent vehicle deliveries of the big auto companies indicate.  

Auto-Industry Sales Numbers Indicate a Mixed Picture

For the third quarter, auto industry sales in the U.S. remained flat year-over-year at 3.36 million, according to data from Wards Intelligence.

On October 2, Tesla (NASDAQ:TSLA) reported record deliveries of 343,830 vehicles in Q3, but it fell short of Street’s estimates of about 364,000.

On the positive side, General Motors (NYSE:GM) reported that vehicle sales grew 24% year-over-year to 555,580 units for the September ended quarter.

However, Japanese automaker Toyota’s (NYSE:TM) sales fell 7.1% year-over-year to 526,017 vehicles in the September quarter. Last week, Toyota slashed its production target for October by 6.3% due to chip shortages. This means lower production levels in the second half of the year.

Last night, EV maker Rivian Automotive (NASDAQ:RIVN) announced that it produced 7,363 vehicles in Q3 and delivered 6,584 units during the same period. Further, management reiterated its full-year production guidance of 25,000 units which is comforting given the current scenario.

Ford Motor (NYSE:F) is expected to report its U.S. sales number later today. Let's take a look at the Street's outlook on Ford.

Is Ford Stock Expected to Rise?

Based on the 15 analysts covering the Ford stock on TipRanks, Ford has an average price forecast of $16.16 which implies 40.89% upside potential.

Overall, analysts are cautiously optimistic about the stock and have a Moderate Buy consensus rating, which is based on five Buys, nine Holds and one Sell.

Notably, Ford stock has a top-notch Smart Score of a “Perfect 10” on TipRanks. Further, Ford stock has a positive signal from hedge fund managers, who added 2.2 million shares during the last quarter.

Concluding Thoughts

Moderation in demand resulting from rising interest rates as well as recessionary pressures is concerning for the overall auto industry. Though automakers expect that the demand could hold up, investors should remain cautious before investing in the auto space.

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Billionaire Elon Musk on Monday asked Twitter users to weigh in on a plan to end Russia's war in Ukraine that drew immediate condemnation from Ukrainians, including President Volodymyr Zelenskiy, who responded with his own poll.

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Tesla Inc shares closed down 8.6% in their steepest single-day decline in four months on Monday after third-quarter vehicle deliveries fell short of Wall Street estimates due to logistic hurdles, with slowing outlook for economic growth raising doubts about demand.

Wall Street's three major indexes rallied to close over 2% on Monday as U.S. Treasury yields tumbled on weaker-than-expected manufacturing data, increasing the appeal of stocks at the start of the year's final quarter.

Wall Street stocks ended with sharp gains on Monday at the start of the final quarter of a tumultuous year with interest rate hikes amid historically hot inflation and fears of slowing economic growth.

Consumer stocks were ending broadly higher in Monday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 1.9% and the SPDR Consumer Discretionary Select Sector ETF (XLY) rising 0.7%.

Wall Street's three major indexes rallied over 2.5% on Monday to start the final quarter of a tumultuous year in which investors fretted about aggressive interest rate hikes amid historically hot inflation and fears of slowing economic growth.

Wall Street's three major indexes rallied over 2.5% on Monday to start the final quarter of a tumultuous year in which investors fretted about aggressive interest rate hikes amid historically hot inflation and fears of slowing economic growth.

NEW YORK (Reuters Breakingviews) - Tesla is growing again, but there’s little comfort for the industry. The $760 billion electric-vehicle manufacturer produced nearly 366,000 cars in the third quarter, a 41% increase from the previous three-month stretch