Wall Street edges higher on tech, housing boost

US stocks rose modestly on Tuesday, as gains in the tech sector helped buoy the Nasdaq to a record intraday high and solid housing market data provided more evidence the economy may be picking up momentum.


The Dow Jones industrial average rose 17.88 points, or 0.1 percent, to 18,547.3, the S&P 500 gained 4.26 points, or 0.2 percent, to 2,186.9 and the Nasdaq Composite added 15.48 points, or 0.3 percent, to 5,260.08.

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