‘Old Economy’ Stocks Soar On Earnings And New Growth Drivers

DuPont de Nemours (DD) beat earnings estimates early Tuesday led by higher artificial intelligence and China demand. Other “old economy” stocks Emerson Electric (EMR) and Louisiana Pacific (LPX) scored earnings breakaway gaps. Cummins (CMI) soared on earnings and Eaton (ETN) rose as well. New technologies continue to impact traditional industries, such as manufacturing. Emerson Electric on Tuesday offered to buy…