Behind the New Market Highs

The S&P 500 and Nasdaq closed at record highs yesterday, behind a batch of solid corporate earnings. The Dow Jones Industrial Average is currently less than 1 percent away from its record.

A range of companies reported strong earnings, helping to lead the way to the higher marks, including:

• Twitter was up 16 percent after reporting user growth well beyond analyst forecasts.
• United Technologies rose 2.3 percent after the company reported earnings and revenue that beat analyst expectations, while raising expectations for its full-year performance
• Coke rose 1.7 percent on better-than-expected earnings