Stock Markets Jump Monday as Workhorse, Nikola Lead EV Stocks Higher

As we've seen often in recent months, the Nasdaq Composite led the way higher, but the Dow Jones Industrial Average and S&P 500 also managed to post solid gains. Electric vehicles continue to inspire a loyal group of investors, and between existing giants and up-and-coming newer players on the EV scene, there's been a lot of speculation about just how important a market the industry could become. Tesla (NASDAQ: TSLA) and its 4% rise played the most important role in giving the Nasdaq a boost, but gains of more than 20% for both Workhorse Group (NASDAQ: WKHS) and Nikola (NASDAQ: NKLA) showed the breadth of interest in the sector.