Intel Jumps, but This EV Stock Is Really on the Comeback Trail

·4-min read
Intel Jumps, but This EV Stock Is Really on the Comeback Trail

Investors have been in a better mood this week, and the action on Wall Street Tuesday morning confirmed a sense of renewed optimism about the global economy and the stock market. As of 8:30 a.m. ET, futures on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were up 285 points to 16,127, seeking to play catch-up after lagging larger gains from other major market benchmarks in Monday's rally. Helping to bolster the Nasdaq's fortunes early Tuesday was a big rise in some of the largest tech stocks in the market, led this time by Intel (NASDAQ: INTC).

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