(CNBC) U.S. stocks furthered record gains on Tuesday, with investor sentiment bolstered by the data that had the economy expanding in the third quarter by the most in 11 years.
"We've got strong seasonals, meaning this time of the year is bullish for the market; we've got stabilization in energy, with both Brent and WTI lifting a little bit this morning, as is natural gas, and spectacular economic data; GDP blew out expectations as did personal consumption," said Art Hogan, chief market strategist at Wunderlich Securities.
Advertisement - story continues below
The U.S. economy soared by 5 percent in the third quarter, the most rapid pace since the same period of 2003.
