U.S. indices had a mixed day of trading Thursday as traders and investors weigh COVID-19 variant updates, recent earnings and the recently passed $1 trillion infrastructure bill.
Chinese EV maker Nio, Inc. (NYSE: NIO) announced Wednesday second-quarter results that exceeded estimates and guided to strong deliveries and revenues for the third quarter. Vehicle margins, however, slipped sequentially. The company also said it's on track to launch three new vehicles in 2022.