US STOCKS SNAPSHOT-S&P 500 nears record high on stimulus bets

U.S. stocks opened higher on Tuesday, with the S&P 500 closing in on a record high, as investors bet on more stimulus measures and a steady post-coronavirus recovery following a better-than-expected earnings season.

The Dow Jones Industrial Average rose 170.20 points, or 0.61%, at the open to 27,961.64. The S&P 500 opened higher by 9.87 points, or 0.29%, at 3,370.34, while the Nasdaq Composite dropped 25.70 points, or 0.23%, to 10,942.66 at the opening bell.