(Reuters) – U.S. stocks opened higher on Tuesday following a slate of positive earnings reports from companies including IBM and Coca-Cola and on hopes of domestic stimulus to prop up an economy reeling from the COVID-19 pandemic.
The Dow Jones Industrial Average <.DJI> rose 152.27 points, or 0.57%, at the open to 26,833.14, and the S&P 500 <.SPX> opened higher by 16.68 points, or 0.51%, at 3,268.52.
The Nasdaq Composite <.IXIC> gained 70.79 points, or 0.66%, to a record high of 10,837.88 at the opening bell.
(Reporting by Devik Jain in Bengaluru; Editing by Shounak Dasgupta)
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