U.S. automakers are expected to release their auto sales numbers today, and many believe that they won’t be too promising. After all, with consumer demand at record lows and unemployment numbers on a continuing increase, incentives to purchase a new vehicle just aren’t enough right now.
Overall, all three major U.S. indexes are up with the Dow Jones Industrial Average leading the way gaining 1.2%, followed by the Nasdaq adding 1.1% and the S&P 500 up nearly 1%.
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Kevin Grewal contributed to this article.