The S&P 500 rose 8.96 points to close at 5,625.80. The Dow Jones rose 9.98 points to close at 41,250.50 and the Nasdaq gained 29.05 points to close at 17,754.82.
The S&P 500 and the Dow have been hovering near record highs since last week amid expectations among investors that the Federal Reserve will soon cut interest rates.
Most S&P 500 companies have reported better-than-expected earnings so far this reporting season. Several companies rose Tuesday as traders cheered their latest quarterly results.
US Market: Top Stocks
Hain Celestial Group rose 18.6 percent after the company’s fiscal fourth-quarter earnings beat Wall Street estimates. Trip.com Group rose 8.6 percent after its second-quarter earnings beat analysts’ forecasts and the company touted strong travel demand.
Traders also pushed up cruise line shares: Royal Caribbean rose 4.3%, Norwegian Cruise Line gained 3.6% and Carnival added 2.7%.
The parent company of movie studio Paramount fell 7.1 percent after Edgar Bronfman Jr., the former head of Warner Music Group, dropped his bid for the company, clearing the way for it to be acquired by media company Skydance.
Frequently Asked Questions
Q1. What are the key indexes of the US stock market?
A1. S&P 500, Nasdaq and Dow Jones Industrial Average are key indices of the US stock market.
Q2. What is the situation on Wall Street?
A2. Wall Street is on a winning streak.
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