Record Car Sales Help Auto ETF Rev Up

ETFs ETF Trends

Automobile stocks and sector-related exchange traded fund shifted into high gear Wednesday as automakers revealed record U.S. sales in December that helped conclude the seventh-straight year of sales growth. The First Trust NASDAQ Global Auto Index Fund (NasdaqGM: CARZ), which provides access to global automobile manufacturers, gained 2.3% Wednesday. Auto stocks jumped after General Motors…Click to read more at ETFtrends.com.

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