Stock Markets Sharply Mixed Monday; Kodak Loan in Jeopardy, Nikola Soars on Garbage Truck Deal
Throughout much of 2020, technology stocks have led the way higher, but that trend seemed to reverse course on Monday. Just before 11 a.m. EDT Monday morning, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 221 points to 27,655. For Eastman Kodak (NYSE: KODK), the same federal loan support that boosted its share price so dramatically last week could now be its downfall, as government officials took action that could put the financing in jeopardy.
