The Dow Jones industrial average rose 98.13 points, or 0.58 per cent, to end at 16,906.62. The Nasdaq Composite added 25.60 points or 0.59 per cent, to 4,362.84, while the S&P 500 gained 14.99 points or 0.77 per cent, to finish at 1,956.98, breaking the previous record set on 9 June.
Among the biggest gainers was FedEx which rose 6.2 per cent to $148.95 after hitting an all-time high of $149.34.
Amazon.com shares jumped 2.7 per cent to $334.38 after chief executive Jeff Bezos unveiled a “Fire” smartphone with free, unlimited photo storage, jumping into a crowded field dominated by Apple and Samsung Electronics.
Adobe Systems shares shot up 8.2 per cent to $73.08. Adobe was the S&P 500’s best performer a day after the maker of Photoshop, InDesign and Acrobat software reported better-than-expected quarterly profit and revenue.
However, ConAgra Foods’ stock slid 7.3 per cent to $30.47 after the maker of Slim Jim beef jerky warned about results.
Crude oil rose 86 cents to a nine-month high at $114.31 a barrel as a strike by Sunni militants on a refinery near Baghdad stoked fears about oil exports. US crude fell 39 cents to settle at $105.97 a barrel, its lowest since 11 June.