U.S. stocks looked set to start slightly higher, with investors awaiting auto sales data and the Senate hearing on proposed new rules on financial reform.
Automakers will report their January sales figures, beginning with Ford at noon. They will be closely watched to judge the overall trends and to see what impact Toyota’s recent recall problems have had on its sales. Also ahead, the National Association of Realtors will release the December pending home sales number at 10:00 am.
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