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Nasdaq Sinks 90; Nikola, Workhorse Signal End of EV Run-Up

Nasdaq Sinks 90; Nikola, Workhorse Signal End of EV Run-Up

Tuesday brought an intraday reversal to the stock market. The Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped out to a solid gain by the middle of the day, but by the end of the session, the index was down almost 1%. The Nasdaq 100 saw similar declines, motivated in large part by calls from major players on Wall Street that the stock market's huge rebound from the March lows might have gotten ahead of itself.