Markets were mixed on Tuesday.
The S&P 500 edged up by less than 0.1 percent while the Nikkei 225 rose 0.4 percent but the STOXX Europe 600 fell 0.3 percent.
Positive earnings reports from major companies boosted sentiment in the US.
Karyn Cavanaugh, senior market strategist at Voya Financial, said that “the market is climbing thanks to global growth that’s been driving earnings”.
Bill McNabb, chairman of Vanguard, told the BBC that financial markets “keep reaching new highs” despite valuations being “very high” partly because they had ignored some of the political turbulence around US President Donald Trump's administration.
However, he added: “We expect there could be a decent-sized correction at some point.”
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