The government reported early Tuesday that the economy grew at a rapid annual rate of 5 per cent in the third quarter of the year, the fastest pace in more than a decade.
Indexes are at record highs and the market is on track for its fifth gain in a row. Indications that the Federal Reserve isn't planning interest rate hikes soon have reassured investors.
The Dow Jones industrial average rose 82 points, or 0.5 per cent, to 18,043 as of 11:45 a.m. Eastern time.
The Standard & Poor's 500 rose five points, or 0.3 per cent, to 2,083.
The Nasdaq composite fell four points, or 0.1 per cent, to 4,777.