- Auto supplier stocks outpace broad market averages in early action after Toyota issues a strong outlook for the fiscal year and Fiat Chrysler Automobiles keeps an aggressive stance on global production goals.
- Also factoring in are the reports this week on U.S. auto sales which showed strong demand for SUVs and trucks.
- Gainers: WABCO (NYSE:WBC) +3.0%, Meritor (NYSE:MTOR) +2.5%, Dana Holding (NYSE:DAN) +2.4%, Tenneco (NYSE:TEN) +2.1%, Monro Muffler Brake (NASDAQ:MNRO) +1.5%, Cooper-Standard Holdings (NYSE:CPS) +1.3%.