The S&P 500 rose Tuesday as the recent rally in stocks following a dovish shift from the Federal Reserve helped lift the broader index near its record high.
The Dow Jones Industrials vaulted 190.93 points to observe noon EST Tuesday at 37,496.95.
The S&P 500 climbed 19.33 points to 4,759.89.
With Tuesday's gain, the S&P 500 is about 0.8% from surpassing its record close and 1.3% from equaling its intraday record, both set in January of 2022.
The NASDAQ jumped 52.67 points to 14,957.86.
Boeing was the biggest performer in the Dow, with shares up by more than 1%. Meanwhile, solar stocks Enphase Energy and First Solar were the greatest advancers in the S&P 500, Enphase up by about 8% and First Solar taking on 6%.
Communication services outperformed, with shares of Meta Platforms higher by more than 1%, while Alphabet shares gained 0.7%.
All three major averages on pace to finish December with gains. The S&P 500 is up more than 4% for the month and coming off its longest weekly winning streak since 2017. The Dow has advanced 4% and NASDAQ has jumped 5%.
Prices for the 10-year Treasury gained ground, lowering yields to 3.91% from Monday's 3.94%. Treasury prices and yields move in opposite directions.
Oil prices hiked $1.53 to $74.00 U.S. a barrel.
Gold prices progressed $17.80 at $2,058.30.