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Auto sector revs up after Xi-Trump meeting set

Jun. 18, 2019 10:55 AM ETF, GM, LEA, VOXX, ALV, VC, CMI, AXL, TEN, LDL, SUP, DAN, KNDI, TSLA, CPS, DLPH, ADNT, APTV, NIO, NIU, STLABy: Clark Schultz, SA News Editor55 Comments
  • The auto sector is reacting pretty well to President Trump's announcement that he will have an extended meeting with President Xi Jinping at the G-20 event in Tokyo.
  • Gainers include Kandi Technologies (KNDI +3.3%), Nio (NIO +6.9%), Tesla (TSLA +2.9%), Niu Technologies (NIU +5.4%), Cooper-Standard Holdings (CPS +5.5%), Superior Industries (SUP +7.1%), Delphi Technologies (DLPH +5.1%), Adient (ADNT +4.4%), Autoliv (ALV +4.9%), Tenneco (TEN +4%), American Axle & Manufacturing (AXL +4%), Lydall (LDL +3.7%), Dana (DAN +3.7%), Meritor (MTOR +3%), Lear (LEA +3.3%), Visteon (VC +2.8%), Aptiv (APTV +3.2%) and VOXX International (VOXX +2.9%).
  • Detroit automakers General Motors (NYSE:GM), Ford (NYSE:F) and Fiat Chrysler Automobiles (NYSE:FCAU) are all up about 1%.

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