(CNBC) -- U.S. stocks climbed on Tuesday as major companies continued to report strong third-quarter earnings, easing concerns that persistent Covid cases and rising costs would derail corporate America’s profit recovery.
The S&P 500 added 0.7% to 4,519.63, rising for a fifth straight day. The Dow Jones Industrial Average gained 198.70 points, or 0.6%, to 35,457.31. The Nasdaq Composite advanced 0.7% to 15,129.09, also for its fifth positive day in a row.
The Dow and the S&P 500 now sit less than 1% from their respective all-time highs.
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