Thank These 3 Red-Hot Auto Stocks for Helping Save the Stock Market on Monday

The stock market spent much of Monday sharply lower, with investors initially reacting poorly to news of a new strain of coronavirus in the U.K. and nervousness about whether the stimulus package agreed to in Washington will be enough to keep Americans afloat financially. However, by the end of the trading session, investors felt a lot better about the current situation and were looking forward to 2021. The Dow Jones Industrial Average (DJINDICES: ^DJI) managed to gain ground on the day, and although the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) couldn't follow suit, their losses were relatively modest.

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Source Fool.com