Stock Markets Surge Amid Earnings Reports and Fed Meeting Anticipation

The S&P 500 and Nasdaq hit record highs as investors evaluated major U.S. company earnings and awaited the Federal Reserve's policy meeting. The Dow Jones Industrial Average slightly declined, while the S&P 500 and Nasdaq saw significant gains at Tuesday's opening.

The S&P 500 and the Nasdaq surged to new record highs on Tuesday. Investors are closely watching earnings reports from prominent U.S. companies and the Federal Reserve's upcoming two-day policy meeting.

Meanwhile, the Dow Jones Industrial Average saw a modest drop of 3.8 points, or 0.01%, opening at 44,833.74.

Conversely, the S&P 500 climbed 15.8 points, or 0.25%, to 6,405.62, and the Nasdaq Composite increased by 108.1 points, or 0.51%, reaching 21,286.725 as the markets opened.

(With inputs from agencies.)