Garmin was the runaway winner among regional stocks Tuesday, gaining more than 5 percent on news that it will supply future Mercedes-Benz models with in-dash navigation systems over the next four years.
Investors took note, pushing the stock up $1.65.
Other regional winners included O’Reilly Automotive, up 1.6 percent. Ferrellgas, up 1.2 percent, and Cerner, up .6 percent.
On the other side, Commerce Bancshares fell 2.3 percent, Kansas City Southern lost 2.5 percent, and YRC fell again, this time 1`.4 percent.
Overall, the Dow Jones industrial average closed at a record high Tuesday after reports on auto sales and factory orders provided the latest evidence that the U.S. economy is strengthening. Traders plowed money back into European stocks as the financial situation in Cyprus appeared to stabilize.
Health insurers powered the gains a day after the government released revised reimbursement rates for Medicare Advantage plans. The new numbers suggest that funding cuts will be less severe than analysts and companies had feared.
The Dow closed up 89.16 points, or 0.6 percent, at 14,662.01. It had risen as high as 14,684 in the late morning.
The Dow broke through an all-time record on March 5. It has risen steadily since then, routinely setting new trading highs.
The Standard & Poor's 500 index rose 8.08 points, or 0.5 percent, to 1,570.25. It rose to within two points of its trading high of 1,576 reached on Oct. 11, 2007.
The BATS 1000 rose 40.93 points, or 0.23 percent, to close at 17,715.29.
The Nasdaq rose 15.69 points, or 0.4 percent, to close at 3,254.86.
Capitol Federal Financial fell 6 cents, or 0.50%, to close at $11.92.
Cerner Corp. rose 59 cents, or 0.63%, to close at $94.82.
Commerce Bancshares Inc. fell 95 cents, or 2.33%, to close at $39.75.
Compass Minerals rose 17 cents, or 0.22%, to close at $78.58.
DST Systems Inc. fell 26 cents, or 0.37%, to close at $70.57.
Ferrellgas Partners L.P. rose 23 cents, or 1.24%, to close at $18.81.
Garmin Ltd. rose $1.65, or 5.06%, to close at $34.25.
Great Plains Energy rose 8 cents, or 0.35%, to close at $23.09.
H&R Block Inc. fell 3 cents, or 0.10%, to close at $29.24.
Inergy L.P. rose 8 cents, or 0.38%, to close at $20.88.
Kansas City Life Insurance Co. fell 62 cents, or 1.67%, to close at $36.60.
Kansas City Southern fell $2.74, or 2.52%, to close at $105.83.
Layne Christensen Co. fell 36 cents, or 1.71%, to close at $20.72.
O'Reilly Automotive Inc. rose $1.68, or 1.64%, to close at $104.38.
Sprint Nextel Corp. fell 2 cents, or 0.32%, to close at $6.23.
UMB Financial Corp. fell 38 cents, or 0.78%, to close at $48.42.
Waddell & Reed Financial Corp. rose 20 cents, or 0.47%, to close at $43.19.
YRC Worldwide Inc. fell 10 cents, or 1.36%, to close at $7.27.