General Motors opened at $33.38 today before posting solid session gaining 2.72%

Today at a glance: an influx of buyers helped the US car giant to end the session higher around $33.29, while establishing a $32.35 to $33.49 session range today.

On the flip side, 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) released today at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3.

This rally in General Motors's share price coincided with other consumer discretionary stocks as Amazon traded at $120.11 after closing today's trading day at $115 (up 4.44%). Tesla added 4.72% to its value, and traded at $193.17. Lowe's was up 2.73%.

The US car giant is now trading 24.92% below the significant high of $43.17 it set around 3 months ago.