Among individual stocks, shares of NxStage Medical (NXTM) moved sharply higher after the medical technology and services company agreed to be acquired by Fresenius Medical Care (FMS) for about USD2 billion. That is 29 times the average intraday pace, and on track for the 99th percentile of its annual range. The stock was the biggest gainer in the S&P 500, adding $8.17 to $45.40. The Cupertino, Calif. -based iPhone maker was trading in record territory, after three consecutive sessions of advances, with a rise from shares of Goldman Sachs combining to contribute about 25 points to the price-weighted Dow.
Retail companies headline this week's earnings calendar, with May's, Michael Kors and Nordstrom scheduled to report.
In 2017, the S&P and the Nasdaq have climbed 10.6% and 17.9% respectively.
Bond prices were little changed.
Energy stocks were on the other end of the spectrum.
Treasury prices ended modestly higher, leaving the benchmark 10-year yield down by a basis point at 2.26%.
Gold fell $2.10 to $1,262.60 an ounce.
NO ALARM: Envision Healthcare was up 4.5 percent after the ambulatory surgery center company said it will sell its medical transportation business to KKR.
The U.S. dollar fell to 110.48 yen from 110.72 yen late Monday.
Meanwhile, the major European markets turned in a mixed performance on the day.
In Europe, Germany's DAX rose 0.3 percent, while France's CAC 40 added 0.2 percent. Henry Schein was down $9.05, or 4.9 percent, to $174.74. Outside of the latest batch of earnings, traders are digesting the Labor Department's Job Openings and Labor Turnover Survey (JOLTS), which reported a record number of job openings for June.