US STOCKS-Wall St extends rally, lifted by Apple and Home Depot

martes 19 de agosto de 2014 16:56 GYT

* Apple retakes triple-digit territory, hits $100

* Retail shares soar on earnings reports

* July U.S. housing starts exceed expectations; CPI barely rises

* Dow up 0.5 pct; S&P 500 up 0.5 pct; Nasdaq up 0.4 pct (Updates to close)

By Akane Otani

NEW YORK, Aug 19 (Reuters) - U.S. stocks ended higher for the second straight session on Tuesday, as robust housing data and strong earnings from Dow component Home Depot overshadowed lingering concerns about the conflict in Ukraine.

With the day's gains, the S&P 500 ended within 10 points of its all-time intraday high of 1,991.39 reached on July 24. The Nasdaq Composite extended Monday's gains and ended on Tuesday at yet another 14-year high.

Apple Inc was among the most heavily traded names of the day after the stock hit $100 for the first time since its seven-for-one split in June. The stock climbed 1.4 percent to a new split-adjusted closing high of $100.53. Apple contributed the most to the gains of both the S&P 500 and the Nasdaq Composite in Tuesday's session.

Consumer discretionary shares led advances in the S&P 500 as a string of positive earnings reports lifted the stocks of major retailers. Home Depot Inc rose 5.6 percent, its largest daily percentage gain since May 2009, to close at a record $88.23 The stock also set an intraday lifetime high of $88.98. The rally occurred after the world's largest home improvement retailer beat Wall Street's earnings expectations.   Continuación...