The stock market has done well so far this week, with the favorable momentum continuing on Tuesday morning. Many investors had been looking for opportunities to get into the market, and the recent pullback in major benchmarks was apparently just enough to get them to feel more confident. Just before 11 a.m. EDT today, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 159 points to 28,153. The S&P 500 (SNPINDEX: ^GSPC) had gained 30 points to 3,413, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) had picked up 126 points to 11,182.
One thing that has helped lift the stock market recently is the new rush among companies to split their stocks. Today's latest split announcement didn't have quite the big-name appeal of an Apple (NASDAQ: AAPL) or Tesla (NASDAQ: TSLA), but NextEra Energy's (NYSE: NEE) planned split did lead to a solid rally in its shares. The same wasn't true of Lennar (NYSE: LEN), despite the homebuilder giving a favorable read on the housing market.
NextEra Energy saw its stock rise 5% early Tuesday morning. The utility company gave its shareholders great news, and it followed in the footsteps of more-famous companies in announcing a stock split.