The Dow Jones Industrial Average edged up 2.95 points (0.03 percent) to end at 10,567.33, after posting modest gains a day earlier on the one-year anniversary of the start of the market's rebound from its lows last year.

The Nasdaq composite rose 18.27 points (0.78 percent) to 2,358.95 while the broad-market Standard & Poor's 500 index climbed 5.17 points (0.45 percent) to 1,145.61.

Analysts said the market got a lift from a government report which showed wholesale inventories unexpectedly fell, by 0.2 percent, in January. Analysts had expected inventories to rise 0.2 percent.

The report also said that sales by U.S. wholesalers in the first month of 2010 rose 1.3 percent to a seasonally adjusted US$346.7 billion.

Wall Street on Tuesday marked the anniversary of the stock market's 12-year low set on March 9, 2009, amid the financial crisis stemming from a home mortgage meltdown.

Since then, the blue-chip Dow index has rallied more than 60 percent.

The market is holding up well since the Dow moved up above the 10,500 level on Friday, said Bob Dickey, a technical analyst at RBC Wealth Management.