Investors will be watching for U.S. auto sales reports on Wednesday, with new car sales expected to be around 12.7 million, up from 11.5 million in 2010. For 2012, sales could reach up to 13.8 million, close to the 14 million earmark that analysts consider healthy. [Global X Spins Its Own Auto ETF]
Global X Auto ETF (NYSEArca: VROM) and First Trust Nasdaq Global Auto Index fund (NYSEArca: CARZ) are the sector ETFs.
Global X Auto ETF
Tisha Guerrero contributed to this article.