AYX - Stock Markets Are Losing Steam but These 2 Stocks Are Soaring
Tuesday brought a pause to the stock market's recent advance, as investors tried to determine how to balance all the conflicting dynamics affecting the financial markets. Rising long-term interest rates signaled greater belief that the U.S. government would succeed in providing more economic support to Americans, but definitive agreements weren't forthcoming.
Just before 11:30 a.m. EDT today, the Dow Jones Industrial Average (DJINDICES: ^DJI) was higher by just 9 points to 28,157. The S&P 500 (SNPINDEX: ^GSPC) had lost 7 points to 3,401, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) had fallen 68 points to 11,264.
Even with the upward momentum in the broader market starting to wane, there are still pockets of strength. One remains technology, with Alteryx (NYSE: AYX) leading the charge higher Tuesday. Elsewhere, the mining space has perked up, especially with smaller companies like Piedmont Lithium (NASDAQ: PLL) seeking to provide valuable minerals for battery technology.
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Stock Markets Are Losing Steam, but These 2 Stocks Are Soaring