Key TakeawaysMajor automotive manufacturers General Motors (GM) and Toyota Motor North America reported significant sales increases in Q3 and September, respectively, with electric vehicle (EV) deliveries showing particularly strong growth.European stock markets closed notably higher, with healthcare stocks experiencing their largest daily surge since 2008 following a U.S. deal with Pfizer (PFE) to lower drug prices.U.S. stock markets rebounded with slight gains despite ongoing government shutdown concerns, ...

Diamond Hill Capital, an investment management company, released its “Select Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets rebounded from a sharp downturn at the start of April following the President’s “Liberation Day” tariffs announcement. As measured by the Russell 3000 Index, US stocks rose approximately 11%. Large-cap stocks saw the highest increase this quarter, rising just over 11%, while small-cap and mid-cap stocks gained approximately 8.5% each ...