GoDaddy pops, dollar dominance and auto sales are out

The three major indices (^DJI, ^IXIC, ^GSPC) have all spent their mornings in the red as stocks struggle here on the first day of the second quarter. One stock bucking the trend is the newest addition to the world of publicly traded companies, GoDaddy.com (GDDY). Shares spiked by as much as 30% over the IPO price when trading opened earlier this morning.

Here are some other stories Yahoo Finance is keeping an eye on today.

Dollar dominance
The almighty dollar is just that. The latest report from the International Monetary Fund finds the greenback is even more popular among central banks.  The IMF says compared to other currencies, the percentage of dollars being held by the banks increased at the end of last year.

Get the Latest Market Data and News with the Yahoo Finance App

Auto sales
Fiat Chrysler (FCAU) calls March a tough month. The carmaker reporting sales inched up just 2 percent, although that marks the 60th straight year-over-year increase. Still, Chrysler’s month was better than Ford’s (F) and General Motors'(GM)…both of them seeing sales declines in March.

Brainiac battle
And finally, it’s the egghead version of a celebrity cat fight. Former Treasury Secretary Larry Summers is using Ben Bernanke’s new blog to battle with the ex-Fed Chair over economic theory.

More from Yahoo Finance:
Futures tumble/rebound overnight, Walmart fights suppliers, Micron earnings: What to watch
13 CEOs who hang out at the White House
Taylor Swift, Jay-Z take music business into own hands as Apple looms

Nasdaq Futures

nasdaqfutures.org@imediaone.com

You may also like...

Rules of Discussion on GoDaddy pops, dollar dominance and auto sales are out

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean