Investors seem reassured the Fed will continue to hold off on raising rates, and that's given them more confidence to push the market higher this year. It's still up 13 percent so far in 2019.
On the economic front, new orders for United States manufactured goods edged up 0.1 per cent in January, following a 0.1 per cent December increase, the Department of Commerce reported on Tuesday.
The Nasdaq Composite Index was up 9.47 points, or 0.12 per cent, to 7,723.95.
Stocks are broadly higher in midday trading on Wall Street as the market extends its winning streak.
Health care and technology companies rose more than the rest of the market.
Gold rose 0.4 percent to $1,306.50 an ounce, silver added 0.3 percent to $15.37 an ounce and copper picked up 0.5 percent to $2.92 a pound.
JPMorgan Chase rose 1.1 per cent.
Wholesale gasoline climbed 0.5 percent to $1.89 a gallon, heating oil added 1.1 percent to $1.99 a gallon and natural gas picked up 0.8 percent to $2.87 per 1,000 cubic feet.
The Nasdaq is up 35.42 points, or 0.5 per cent.
Bond prices fell. The yield on the 10-year Treasury rose to 2.61 percent.
NEW YORK, March 19 (Reuters) - The benchmark S&P 500 stock index ended little changed on Tuesday as investor optimism regarding the Federal Reserve's expected affirmation of its dovish policy stance was offset by reports of fault lines emerging in U.S.
General Mills Inc. rose 2.2 percent after the packaged food company reported better-than-expected quarterly profit and boosted its full-year forecast.
Eight of the 11 primary S&P 500 sectors closed lower, with utilities down more than 1 per cent, leading the laggards among the groups.
The Dow Jones Industrial Average on Tuesday fell 26.72 points, or 0.10 per cent, to 25,887.38. The Nasdaq gained 41 points, or 0.5 percent, to 7,756. It marks a turnaround from a terrifying drop in December, and now every major US index is up more than 10 percent for the year.