GLOBAL MARKETS - S&P 500, Nasdaq Notch Record Closing Highs

GLOBAL MARKET - NEW YORK, May 21 (Reuters) - Wall Street ended modestly higher and U.S. Treasury yields dipped on Tuesday amid the doldrums ahead of a holiday weekend and a lack of substantial market catalysts.

All three major U.S. indexes advanced and the S&P 500 and the Nasdaq reached all-time closing highs in advance of Nvidia Corp's NVDA.O quarterly results and in anticipation of the release of the minutes U.S. Federal Reserve's most recent monetary policy meeting, both expected on Wednesday.