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The Dow hit a record high thanks to Home Depot's gains, despite wider economic caution before a Federal Reserve conference.
Wall Street braced for results from retail giants as rising concerns over inflation cloud the path to an interest rate cut.
On London's equity markets, JD Sports climbed after Deutsche Bank lifted its price target on the retailer to 100p from 85p, boosting sentiment around the stock.
Gold futures rose but continued to trade in a tight range, with low summer liquidity and a mixed macroeconomic backdrop keeping volatility muted.
Home Depot customers are putting their kitchen remodels and bathroom upgrades on hold as they turn instead to smaller ...