S&P 500 Heading for Record High as Markets Rise Ahead of Economic Data

Stocks looked set to edge higher on Tuesday–although that could be enough for the benchmark S&P 500 to hit a record, with much of Wall Street on vacation and only a couple of economic data releases due between now and the holiday season. S&P 500 futures added 0.1%, enough for the gauge to hit a new high if it can maintain the gains all day. The three major indexes all rallied on Monday, putting the S&P within striking distance of its record closing high.