Advertisement
Australia markets closed
  • ALL ORDS

    7,937.90
    +35.90 (+0.45%)
     
  • AUD/USD

    0.6453
    +0.0002 (+0.03%)
     
  • ASX 200

    7,683.50
    +34.30 (+0.45%)
     
  • OIL

    81.52
    -0.38 (-0.46%)
     
  • GOLD

    2,325.60
    -20.80 (-0.89%)
     
  • Bitcoin AUD

    102,653.84
    +699.06 (+0.69%)
     
  • CMC Crypto 200

    1,421.45
    +6.69 (+0.47%)
     

Nasdaq Rises Despite Nikola Hit; Marinus Soars

Nasdaq Rises Despite Nikola Hit; Marinus Soars

Many investors have been worried about the Nasdaq Composite (NASDAQINDEX: ^IXIC) lately. The index has taken a leadership role during 2020's huge rebound from the coronavirus bear market, but its steep decline in early September made some believe that the best of times for the Nasdaq were now behind it. The Nasdaq gained more than 1% in early trading Tuesday, and helping to lead that charge was new enthusiasm about drugmaker Marinus Pharmaceuticals (NASDAQ: MRNS).