Why Nio, XPeng, and Li Are Leading Wednesday's Stock Market Recovery

·3 min read
Why Nio, XPeng, and Li Are Leading Wednesday's Stock Market Recovery

The topsy-turvy market action we've seen over the past week continued on Wednesday morning, with many market participants breathing a sigh of relief as stocks looked poised to climb and regain some of their losses from Tuesday. S&P 500 (SNPINDEX: ^GSPC) futures gained 56 points to 4,622, and Nasdaq Composite (NASDAQINDEX: ^IXIC) futures were up 219 points to 16,369. It's the first day of the month, and that means Chinese electric vehicle companies are reporting their latest delivery figures.

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