U.S. stocks climbed to record levels on Tuesday as major corporations continued to turn in solid quarterly results.
The Dow Jones Industrials vaulted 130.1 points to 35,871.25, another all-time record.
The S&P 500 leaped 29.82 points to 4,596.30, for yet another record high.
The NASDAQ Composite spiked 147.01 points, or 1%, to 15.373.72.
United Parcel Service saw its shares jump 7% after the shipping firm posted strong beats on profit and revenue across all business segments.
Dow component 3M gained slightly after beating earnings on the top and bottom lines.
General Electric rose 5% after the company issued an upward revision to its full-year earnings forecast while reporting higher than expected third-quarter profit.
Tesla gained another 5% after the electric vehicle company soared more than 12% in the previous session to reach a $1 trillion market cap for the first time.
Technology darlings Alphabet and Microsoft traded higher heading into their earnings reports after the bell Tuesday. Microsoft bulls are expecting a strong quarter for Microsoft, bolstered by its key Azure business. Analysts are expecting Alphabet earnings to come in 43% higher year over year.
Of the 119 companies in the S&P 500 that have reported earnings, 83% beat expectations, according to Refinitiv. S&P 500 companies are expected to grow profit by about 35% in the third quarter.
Twitter, Advanced Micro Devices and Robinhood also report quarterly earnings after the bell on Tuesday.
Social media giant Facebook dipped 0.6% after the company topped analysts' earnings expectations. Facebook missed expectations for revenue and monthly active users.
Shares of Intercontinental Exchange jumped 1.4%, the day after media reports that Mastercard will partner with ICE's spinoff Bakkt in a move to allow customers to integrate cryptocurrencies into their products. ICE will provide behind-the-scenes custodial services for those that sign up.
On the data front, U.S. consumer confidence rose in October, reversing a three-month downward trend, according to the Conference Board.
Its consumer confidence index climbed to a reading of 113.8, topping a Dow Jones expectation of 108 and up from 109.8 in September.
Prices for 10-year Treasurys were unchanged, keeping yields at Monday's 1.64%.
Oil prices shaded up three cents to $83.79 U.S. a barrel.
Gold prices slid $20.30 to $1,786.50 U.S. an ounce.