Stocks Hit Record Highs at Open

U.S. stocks opened higher on Tuesday, hitting record highs again, building on Monday’s record closing levels. The Dow Jones Industrial Average lately rose 160.05 points, or 0.53%, to 30,564.02. The S&P 500 was up 20.03 points, or 0.54%, to 3,755.39. The Nasdaq Composite gained 70.91 points, or 0.55%, to 12,970.33.

Oil futures pushed higher Tuesday, bouncing after the previous session’s setback, as traders cheered another round of pandemic aid spending in the U.S. West Texas Intermediate crude for February delivery rose 55 cents, or 1.2%, to $48.17 a barrel. February Brent crude was up 58 cents, or 1.1%, at $51.44 a barrel.