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NIO Stock Heats Up as Investor Enthusiasm Returns to China
$Nio$ may actually be on the verge of rising above the $5 mark.Chinese markets are enjoying some impressive growth, with many Chinese stocks surging.For NIO stock and its peers, this could be a chance to make up lost ground.Are things finally turning around for Nio?The Chinese electric vehicle producer has spent the past six months on a primarily downward trajectory. There’s no question that 2024 hasn’t been a good year for NIO stock so far. However, over the past month, NIO has started picking
Apple and Amazon Earnings, Fed Rate Decision, Jobs Data, and More to Watch This Week
Brands report quarterly results.ADP releases its National Employment Report for April. The consensus estimate is an increase of 170,000 in private-sector employment, after a gain of 184,000 in March.The Bureau of Labor Statistics publishes the Job Openings and Labor Turnover Survey. Economists’ consensus calls for 8.7 million job openings