Dow Jones closes up 264 points as world stocks march higher

NEW YORK, New York - U.S. stocks were on the move higher again Tuesday as world equity markets continued their advance in an towards record territory.

Goldman Sachs' David Kostin told CNBC Tuesday he expects earnings will be higher this year even amid concerns of margin pressures in the face of higher inflation.

"Our forecast is that the market rises slowly in line with expectations for earnings," Kostin s