Stocks were little changed on Tuesday, but managed to post fresh records as retail shares outperformed.
The Dow Jones Industrials gained 37.79 points on top of Monday’s all-time record 28,104.26.
The S&P 500 added 5.51 points to 3,139.15 from Monday’s record.
The NASDAQ added 16.92 points to 8,649.41, improving on Monday’s all-time peak.
Retailers rose broadly after Best Buy posted quarterly earnings that beat analyst expectations, sending its stock up more than 6%. The electronics retailer also raised its fiscal 2020 earnings forecast. Dick’s Sporting Goods also rallied more than 15% on better-than-expected earnings.
On the data front, the S&P Case-Shiller index showed home price gains accelerated in September, gaining 3.2% annually. Consumer confidence dipped slightly in November, data from the Conference Board showed.
Prices for the 10-Year U.S. Treasury moved slightly upward, lowering yields to 1.74% from Monday’s 1.76%. Treasury prices and yields move in opposite directions.
Oil prices eked up 10 cents to $58.11 U.S. a barrel.
Gold prices recovered $2.30 to $1,459.20 U.S. an ounce.