U.S. stocks headed higher Tuesday following the Memorial Day holiday, following gains made in Asia and Europe.
The closely-watched Standard & Poor's Case-Shiller Home Price Index showed both its 10-city and 20-city composite listings declined at the end of the first quarter with the 10-city index, at 146.61, lower than it has been since April 2003. The 20-city index is also at a post-recession low, coming in at 134.1, the lowest it has been since October 2002.
Stocks made gains anyway. The Dow Jones industrial average, down in four out of five trading sessions in the previous week, added 139.86 points, or 1.12 percent, to 12,494.69.
The Standard & Poor's 500 gained 14.58 points, or 1.11 percent, to 1,332.40. The Nasdaq Composite added 39.58 points, 1.39 percent to 2,877.11.
The benchmark 10-year treasury note rose 4/32 to yield 1.732 percent.
The euro rose against the U.S. dollar at $1.2544 from Friday's $1.2542. Against the yen, the dollar hit 79.46 from 79.47 yen.
In Tokyo, the Nikkei 225 index added 0.74 percent, 63.93 points, to 8,657.08.