Ford beats Wall Street earnings expectations after coronavirus shuttered factories

U.S. auto sales turned out to be more resilient than anticipated, and the company resumed normal shift operations at domestic plants a month ahead of schedule.

Jim Hackett of Ford Motor speaks at an event during the 2018 North American International Auto Show in Detroit, Michigan, U.S., on Jan. 14, 2018.performed far better than Wall Street expected, even beating its own expectations as the coronavirus caused rolling shutdowns of its plants across the globe during the second quarter.

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Wall Street rises on upbeat earnings as Fed loomsU.S. stocks rose on Wednesday as a slew of positive earnings updates and hopes for assurances of continued support from the Federal Reserve overshadowed concerns about next steps for the government's coronavirus support plan. ok thank me wonderful. rich people are doing well.
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