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General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy.
Senh: The stock market went down, but I consider this good news. At least GM is getting back up, and that can only help our economy.
The economy won out over earnings season Wednesday, when a round of mostly better-than-expected reports couldn't stop a triple-digit slide in the Dow Jones industrial average.
The stock market staged its biggest rally since May on Wednesday, driving the Dow Jones industrial average above 10000, as investors rushed to buy blue-chip shares near their lowest levels this year. The hope was that coming quarterly ...