GM Who?

GM reported earnings-- YUK! They fell 90%! Wow! Toyota has already taken the lead, and it's hard to imagine that GM will be able to reverse the trend. Despite this grim news, markets responded well today. Productivity numbers were in, and they increased 1.7%. The expectation is that the Fed will leave interest rates alone, for a while. The news on GM seemed to roll off the back of investors. Slight gains were noted on all indexes. There's been a glitch on all the banking buyouts. Stay tuned for further developments. DJIA +29.50 NASDAQ +7.62 S&P 500 +6.47