• The Dow Jones Industrial Average edged up 0.03 percent to end at 21,012.28 points and the S&P 500 gained 0.08 points, less than a hundredth of a percent, to end at 2,399.37. It briefly touched a record high of 2,399.94. The Nasdaq Composite added 0.03 percent to 6,102.66.
The S&P 500 ended flat on Monday after briefly touching a record high, while Wall Street's "fear gauge" dropped to its lowest in over two decades following centrist Emmanuel Macron's victory in the French presidential election.
• The CBOE Volatility index dropped 0.8 point to close at 9.77, its lowest since 1993 as investors took comfort from Macron's victory, as well as from strong quarterly reports in recent weeks.
A declining VIX typically indicates a bullish outlook for stocks, but the extreme lows the index has touched are sounding caution for some stock investors.
• Asian markets were lower in early Tuesday trade after soaring in the previous session with investors focused on key regional events unfolding in the day, including a presidential election in South Korea and the release of the Australian federal budget.
Japan's Nikkei 225 was effectively flat, trading 0.02 percent lower after surging more than 2 percent in the previous session. The S&P/ASX 200, Australia's benchmark index, fell 0.31 percent.
Reference: Reuters, CNBC
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