US STOCKS-Wall St turns higher as retail stocks rally
* Home Depot and Macy's rally after results
* Markets seek direction after rise to all-time high
* Consumer confidence falls more than expected in Feb
* Indexes up: Dow 0.1 pct, S&P 0.1 pct, Nasdaq 0.2 pct
By Ryan Vlastelica
NEW YORK, Feb 25 (Reuters) - U.S. stocks rose on Tuesday, with the S&P 500 moving within points of record levels, as a pair of retail stocks rallied following strong results.
Major indexes had traded lower for much of the session, pressured by some disappointing data, but turned higher in midday trading.
The S&P climbed to record intraday levels on Monday, but the index pulled back in the afternoon and failed to close at a record. The benchmark index is currently 0.5 percent under its record.
"We're not being aggressive, since valuations aren't spectacular here, but this certainly isn't a time to run to cash," said Rex Macey, chief investment officer at Wilmington Trust in Atlanta, Georgia. "We expect we'll take two steps forward and one step back for a while." Continuación...