Auto Industry...Climbs?

Despite climbing gas prices and fears of rate increases, the market was up today. The reason? High sales reports brought in by several auto companies. GM led the way, climbing 2.5% after posting its monthly auto sales. Researchers say the confidence boost that first quarter earnings are better than expected is the real cause of this stock climb. And its no surprise that the energy sector leads the way, up 76% from a year ago. DJIA: +73.16 Nasdaq: +5.05 S&P 500: +8.02