By Sruthi Shankar
At 11:27 p.m. ET (1627 GMT), the Dow Jones Industrial Average was up 109.74 points, or 0.43 percent, at 25,392.74 and the S&P 500 was up 9.65 points, or 0.35 percent, at 2,757.36.
The Nasdaq Composite was up 16.07 points, or 0.22 percent, at 7,173.45.
"I can see more of a sideways trending till the big macro releases and earnings season, which is just around," said Tim Dreiling, regional investment director for The Private Client Reserve of U. S. Bank.
Investors are waiting for the start of the quarterly earnings season for more readings on the impact of recent tax cuts and profit forecasts.
"Across the board, we're positive about fourth quarter and the next few quarters. But it could be a little bit noisy after we got the tax reform law passed and companies make some adjustments close to year-end," Dreiling said.
A handful of retailers including Target, Kohl's Corp and Lululemon Athletica have already reported solid rise in same-store sales for the holiday period and raised their profit forecasts for the fourth quarter.
Advanced Micro Devices slipped 3.5 percent after Microsoft suspended patches to guard against security threats for computers running AMD chipsets after complaints that the software updates froze their machines.
GoPro fell 6 percent, extending losses from Monday after the action camera-maker flagged a weak holiday quarter that triggered sale talks. The company said it was not actively trying to sell itself but would be willing to partner with a larger sector player.
Declining issues outnumbered advancers on the NYSE by 1,579 to 1,216. On the Nasdaq, 1,429 issues fell and 1,400 advanced.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Arun Koyyur)