India, Aug. 27 -- After ending yesterday's choppy trading session mostly higher, stocks saw some further upside during trading on Wednesday. While buying interest was somewhat subdued, the S&P 500 managed to reach a new record closing high.

The major averages all posted modest gains on the day. The Dow rose 147.16 points or 0.3 percent to 45,565.23, the Nasdaq edged up 45.87 points or 0.2 percent at 21,590.14 and the S&P 500 crept up 15.46 points or 0.2 percent to 6,481.40.

The modest strength on Wall Street came as traders looked ahead to the release of highly-anticipated earnings news from Nvidia (NVDA).

Nvidia, which is scheduled to release its second quarter results after the close of today's trading, dipped by 0.1 percent on the day...