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Avalanche Secures $230 Million Funding, AVAX Hits New All-time High
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Torrid Weather Sets Spring Wheat for Best Rally in Three Years
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Lincoln SUV Sales Hit All-Time High in May
Photo: Lincoln
Another month in 2021, another record sales result for the Lincoln Motor Company SUV lineup. Lincoln sold 7,871 SUVs in May, up 24.3 percent year-over-year and good for a new monthly record.
The success of Lincoln’s current portfolio the Corsair, Nautilus, Aviator, and Navigator gave the luxury brand a 5 percent uptick in sales from May 2020. Lincoln sold a total of 8,143 vehicles last month with all four SUVs delivering gains year-over-year.
Lincoln SUVs continue to move the needle
Leading the charge was the Lincoln Corsair, which saw a 16.2 percent increase with 2,348 vehicles delivered. Just behind it was the Nautilus, up 7.8 percent at 2,104 sold.
Polygon | Benzinga
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Only 49k jobs added vs. 50,000 expected as the unemployment rate tumbles to 6.3% from 6.7%. Rail movements up 5.3% in January.
Here is the current market situation from CNN Money
European markets are higher today with shares in France leading the region. The CAC 40 is up 0.82% while Germany s DAX is up 0.28% and London s FTSE 100 is up 0.05%.
What Is Moving the Markets
Here are the headlines moving the markets.
Can Anything Help Restore Wall Streets Confidence In U.S. Shale? Rallying oil prices are testing once again the U.S. shale patchs resolve to spend within their means and prioritize profitability over production growth. U.S oil prices above $55 a barrel are also testing the patience of investors with American oil producers, and investor hopes that this time around shale firms will keep, for a change, their promises to stay disciplined in spending for drilling. The higher the price of oil, the greater the temptation to plow more cash into new wells. The fact that U.S.