Dow, Nasdaq hit fresh records at the open

U.S. stocks opened higher on Tuesday, with the Nasdaq and Dow hitting record highs, as investors turned their focus to the third-quarter earnings season to see if corporate profits justify lofty valuations.

The Dow Jones Industrial Average rose 48.34 points, or 0.21 percent, to 22,809.41. The S&P 500 gained 6.18 points, or 0.24 percent, to 2,550.91. The Nasdaq Composite added 22.63 points, or 0.34 percent, to 6,602.37.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)