I'm Conway GS reporting from the New York Stock Exchange
. Here's what we're watching on the street today,
there was an air of cautiousness on the trading floor
but the Dow still managed to extend its bull run
into an eighth day. Blue chips ended the session
with a fractional gain. The NASDAQ with a fractional
loss and the S and P 500 was little changed
. A reading on the mood of the consumers set
the cautious tone, consumer sentiment unexpectedly dropped to a
six month low, fueling fears the Federal Reserve may
be waiting too long before cutting interest rates next week
. We'll be busy with inflation and retail sales on
the docket. Big box retailers such as Walmart Target
Home Depot and Lowe's are all set to report in
other news viral tiktoks on how to steal a car
causing big headaches for Hyundai and Kia owners. Six
of the top 10 most stolen cars of 2023 belong
to those two automakers. According to the National Insurance
Crime Bureau, the Hyundai Elantra was stolen more than
48,000 times last year. The Hyundai Sonata was a
not too distant second with roughly 43,000 thefts followed by
the Kia Optima which was stolen more than 30,000 times
. Those numbers are based on actual thefts reported to
the police carjackers learned how to exploit security flaws through
videos posted on social media. Both carmakers share manufacturing
on some older models that lack the enhanced security of
chip embedded key fobs. Earlier this year, Hyundai
and Kia reached a$200 million settlement agreeing to pay
for stolen vehicles and anti-theft upgrades for up to 9
million auto owners. That'll do it for your daily
briefing from the New York Stock Exchange. I'm Conway
Gittens with the street.