Why Ocugen and Nikola Are Powering the Nasdaq Higher
The Nasdaq Composite (NASDAQINDEX: ^IXIC) climbed back above the 14,000 level early Thursday afternoon, rising nearly half a percent on the day as of 1 p.m. EDT. Investors were more excited about the Nasdaq's prospects than the rest of the stock market, as most other large-cap major market benchmarks were flat to lower on the day. Lately, the biotech and electric vehicle industries have been important drivers of growth for the stock market generally and the Nasdaq in particular.
