Investing.com – U.S. stocks were higher Tuesday as the Nasdaq composite hit a new high.
The DJI was up 0.42% at 10:15 ET, while the S&P 500 gained 0.49%.
The Nasdaq composite advanced 0.57%. It hit a new intraday high of 5,272.54.
U.S. new home sales jumped 12.4% in July, the most in nine years.
Best Buy was up 15.8% as second-quarter earnings exceeded forecast.
Monsanto (NYSE:MON) was up 2.6% on reports a deal with Bayer (DE:BAYGN) is closer.