Ford Motors wraps up its best day in 4 months

The US automaker closes its best day in 4 months, jumping by 6.24% (71 cents) to $12.09.

Ford Motors's uptick comes amid disappointing United States macroeconomic data released during the session – Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%. United States Pending Home Sales fell short of the 0.5% projections, with new data of 0%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3.

A look at other consumer discretionary stocks also showed bullish price action as Amazon traded at $120.11 after closing today's trading day at $115 (up 4.44%). Tesla traded at $193.17 after closing today's trading day at $184.47 (up 4.72%). Lowe's traded at $206.52 after closing today's trading day at $201.04 (up 2.73%).

Trending downwards for around a month. Having soared to a high of $16.43 approximately 9 months ago, the US auto giant is now trading 30.74% lower.