Consumer companies rose after generally strong earnings.
Target shares rose by more than 4% after the discounter again raised its fiscal-year growth projections, the latest evidence that a turnaround effort is bearing fruit.
Lowe's shares rose even after the home-improvement chain cut its growth projections for the year, warning that consumers were delaying major renovation projects.
Estee Lauder rallied after it posted a narrower fiscal fourth-quarter loss, in another example of a turnaround gaining momentum.
Still, Target, Lowe's and Estee Lauder are all trading significantly shy of all-time highs.
