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The Nasdaq and S&P 500 are on pace for a record close for the first time in seven months

5% increase in salesP&G's said Tuesday that its beauty division, which includes brands such as Olay and SK-II, grew in the teens last quarter. The conglomerate's home care division, comprised of Cascade, Dawn, Febreze and Swiffer, grew in the high single digits compared with a year ago.

P&G also got a lift from its Always and Tampax brands in its feminine care unit, and Tide Pods in fabric care. The strong quarter signaled that, despite the growth of small online brands and big retailers' private labels in consumer products,

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