The three major indices of US stocks added to the progress they made in the previous session, putting the three indices at a level 1% from their highest closing level ever.
The stocks that are sensitive to the economy, such as small-cap and financial companies, outperformed the market in general.
A rebound in travel fueled more-than-expected revenue for United Airlines, pushing the stock up 3.8%.
The Dow Jones Industrial Average rose 286.01 points, or 0.83%, to 34,798 points. The S&P 500 index gained 35.63 points, or 0.82%, to 4358.69 points, and the Nasdaq Composite Index added 133.08 points, or 0.92%, to 14631.95 points.
Coca-Cola shares rose 1.3 percent after the company raised its full-year forecast.
Drug maker Johnson & Johnson expects sales of $2.5 billion of its coronavirus vaccine this year and has increased its estimates of sales. The company’s shares closed up 0.6%.
On the losing side, Netflix announced yesterday evening a slowdown in the pace of subscriber growth, which pushed its shares to decline 3.3%, becoming the second largest percentage loser on the S&P 500 index.