S&P 500 Sets Record as U.S. Stocks Advance Tuesday

The S&P 500 reached a record Tuesday, rising 0.6% to 7,818.93 and surpassing its previous high from August. The Dow Jones Industrial Average gained 0.5%, while the Nasdaq Composite rose 0.4% to a record of its own.

Constellation Energy helped lift the market after announcing a long-term electricity supply deal with Google. Lamb Weston also jumped after reporting a higher profit than analysts expected, according to the article.

Easing bond yields provided another boost. The Russell 2000, an index of smaller companies, moved lower, falling 0.6% to 2,830.30.