It was the fifth-straight record close for the S&P 500 and the Dow Jones Industrial Average on this thinly-traded Veterans Day. The Nasdaq and the Russell 2000 also ended the day in the green. The Dow Transports was the only index in the red, despite having a number of companies within touching life-time highs on Tuesday.
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And forget Valentine's Day -- Tuesday it was all about being single, at least in China. China's largest online shopping day, invented by Alibaba about five years ago, beat out Black Friday here in the U.S. with a $9.3 billion in sales. Meanwhile, Alibaba (BABA) was trading down about 3.8% in Tuesday's session, that's the steepest drop since Sept. 22. FBN's own Charlie Brady called today's drop a classic "sell the news" scenario where a little profit-taking is normal.
And Ford Motor Co. shed some real weight -- the Detroit car maker revealed a much leaner model of its iconic truck f-150, substituting steel for much lighter aluminum. The FordF-150 has been the best-selling vehicle in the U.S. for more than three decades, but will the new model be a big hit with truck buyers and investors? Jeff Flock was live from Ford's Dearborn truck plant in Michigan where he witnessed the first-ever, lighter F-150 truck roll off the assembly line. Head to FOXBusiness.com/OnCall to see what he had to say about Ford's new unveil. Plus, Barclays senior auto analyst Brian Johnson told FBN what the new truck means for the stuck, which by the way ended the day with a gain of more than 2.5%.
Tomorrow we'll get earnings from Macy's, Cisco, JC Penney and Pinnacle Foods.
Be sure to check out all of today's interviews on FOXBusiness.com/OnCall and don't forget to tune into Countdown to the Closing Bell every week day at 3 p.m. ET.