[video] Quick Take: U.S. Markets Higher, Bank of America Reports Strong Quarter
NEW YORK (TheStreet) -- U.S. equity markets continue to move higher on a busy Wednesday trading session. "Mad Money" Research Director Nicole Urken details the top stories.
Bank of America
Shares of Tesla Motors
Tesla is once again higher on Wednesday as the company announced it will deliver its first vehicle in China this March.
The iPhone for China Mobile goes on sale Friday, while the company recently shipped 1.2 million devices in pre-orders.
Finally, General Motors
Shares were initially higher on Tuesday, after the company initiated a $1.20 per share annual dividend. The $2 billion annual payout gives the stock a 3% yield, Urken added.
However, a catious outlook on pre-tax profits and margins have share slightly lower on the session.
-- Written by Bret Kenwell in Petoskey, Mich.