US stocks rose on Tuesday to push the S&P 500 up 0.6 percent to another record high.
Stocks rose as US economic data on Tuesday came out mostly positive.
Durable goods orders rose 0.8 percent in April after having jumped 3.6 percent in March. However, non-defense capital goods orders excluding aircraft fell 1.2 percent after jumping 4.7 percent in March.
Markit's flash US services PMI hit 58.4 in May compared with a reading of 55.0 for April. This helped to push the composite index to 58.6 in May, indicating the fastest rate of output growth since April 2010, from 55.6 in April.
The Conference Board's consumer confidence index rose to 83.0 in May from 81.7 in April.
However, US home price growth slowed in March. The S&P/Case-Shiller index of property values in 20 cities rose 12.4 percent from March 2013, down from the 12.9 percent increase in February.
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