Markets Climb Again: These 2 Soaring Stocks Have Nothing to Do With Zoom

Major benchmarks continued to gain ground on Tuesday, with most market participants pointing to extremely strong earnings results from videoconferencing giant Zoom Video Communications late Monday as the catalyst for further pushes into record territory. Once again, the rise in tech stocks like Zoom helped to lead certain indexes higher than others. Just before 11 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 77 points to 28,507. The S&P 500 (SNPINDEX: ^GSPC) picked up 12 points to 3,513, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) got a 110-point rise to 11,885. Both the S&P and Nasdaq are at all-time highs.

Even though Zoom played a key role in market bullishness overnight and into Tuesday, it wasn't the only stock posting gains. Eastman Kodak (NYSE: KODK) and Liberty Oilfield Services (NYSE: LBRT) were also among the top performers on Wall Street, and each of them had investors excited about their prospects for different reasons.

Shares of Eastman Kodak soared 29% on Tuesday morning. The former photography giant has tried to pivot toward a new specialty, but what drew attention to the stock today was an indication of interest from institutional investors on Wall Street.

Source Fool.com