The US stock market pushed further into record heights on Tuesday.

The S&P 500 added 0.2 per cent. The Dow Jones rose 161 points, or 0.3 per cent, and the Nasdaq composite climbed 0.8 per cent. All three indexes set all-time highs for a third straight day.

The Australian sharemarket is set to rise, with futures pointing to a gain of 11 points, or 0.1 per cent, at the open. The ASX lost 0.5 per cent on Tuesday. The Australian dollar was trading at US65.83¢ at 8.26am AEDT.

Moves were also relatively modest in the bond market as Wall Street waits for a few events that could shake things up. On Wednesday, the Federal Reserve will announce its latest move on interest rates, while some of the stock market’s most influential companies will report how much profit they made during the summer.

See Full Page