Wall Street came to work on Thursday morning in an improved mood, putting Wednesday's steep losses behind it and showing more optimism for the new day. As of 8:30 a.m. ET, futures on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were up about half a percent, regaining a portion of its losses from the previous session.
A couple of Nasdaq stocks moved upward much more sharply. Nikola (NASDAQ: NKLA) has gotten a lot of attention from investors for a long time, and the electric truck company reached a milestone that got its shareholders excited about what the future will bring. Meanwhile, China's Trip.com (NASDAQ: TCOM) announced its latest financial results and gave investors a brighter outlook on an industry that has gotten hit hard over the past two years by the global COVID-19 pandemic.
Image source: Nikola.
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Why Nikola and Trip.com Are Leading the Nasdaq Higher Thursday