S&P 500's Rapid Rise Signals Potential Gains Ahead

The S&P 500 saw fresh intraday highs during Tuesday's session and was on track for a new record close. The index was up 1.5% around 7715 in midday trading, above the existing closing high of 7609.78 hit on June 2. The S&P 500's climb to today's levels has been atypically swift.