January 30th 2023

Market Movers Daily

Market Movers

• Mercedes beats Tesla in self-driving
• New home sales at 616,000 annual rate in December; annual sales down 16.4% in 2022
• Mortgage rates just hit a 4-month low
• The US economy continued to grow in Q4, but the threat of a recession looms
• Toy giant Hasbro has announced disappointing results

What To Watch

• The housing market slowdown may be coming to an end
• The FDA has called on lawmakers to help regulate the use of CBD
• Airbus is set to hire 13,000 new workers as delivery delays continue to rise
• Ripple effect of China's reopening on commodities
• EU probes Microsoft over Slack complaint based on "bundling" Teams

To read more about these stories, visit https://www.marketmoversdaily.com/mercedes-beats-tesla-in-self-driving-2/

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