Stocks dropped at Monday’s opening bell. Falling oil prices weighed down the equity markets at the start of the first full trading week of 2015. Big oil companies like Exxon (XOM) and Chevron (CVX) slipped at the open. December auto sales are rolling in, General Motors (GM) and Ford Motor (F) both topped estimates. Fiat Chrysler (FCAU) said its U.S. sales rose 20% but still missed expectations. Nissan sales barely topped estimates and Honda fell short of expectations. The Wall Street Journal is reporting this is the year, banks like JPMorgan (JPM) to Discover Financial (DFS) will issue credit cards with computer chips. It’s an effort to make counterfeiting more difficult but still falls short of more advanced technology already being used overseas.
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