Wall Street rallied after a round of reports suggested the economy is in better shape than feared.
The S&P 500 rose 1.1 percent Tuesday, resuming its upward climb following a weeklong pullback after hitting its highest level in more than a year. The Dow and the Nasdaq also rose.
Airlines helped to lead the way after Delta said demand for travel still looks strong, particularly among high-income passengers. Delta rose 6.8 percent. Readings released Tuesday morning on consumer confidence, sales of new homes and other areas of the economy all topped economists’ forecasts.
On Tuesday:
The S&P 500 rose 49.59 points, or 1.1 percent, to 4,378.41….