Markets closed July 4th; GM offers 0% financing to boost sales
CBS News
Transcript
[Music] financial markets closed today in honor of the July 4th holiday but Traders should rest up tomorrow they must gear up for Friday's all important jobs report on Wall Street Tuesday the third quarter rally continued the Dow gained more than 41 points the NASDAQ gained over 12 automakers hoping to cash in during the July 4th holiday week luring in debt strap consumers with 0% financing General Motors offering no interest loans for 36 months on most of its models Ford doing the same but upping the anti on its truck and suv lineup with more cash back $207 you're planning a big bash to celebrate the 4th of July well you're not alone Americans will be spending about $2.5 million on Independence Day parties 275 million on hamburgers and hot dogs and just because July 4th is on a Wednesday does not mean forgoing the celebration a new survey found that 88.5% of Americans will partake in holiday festivities and that is your money watch log on to cbsnews.com for more I'm Stacy tisdell in New York