November 7, 2017 / 1:58 PM / 10 days ago

Dow hits record high at market open

REUTERS - The Dow hit a record high at the open on Tuesday while the S&P and the Nasdaq were hovering near record levels, as earnings season winds down and investor expectations shift to a much-awaited cut in corporate taxes.

A trader watches his screen on the floor of the New York Stock Exchange (NYSE) shortly before the close of trading in New York, U.S., December 13, 2016. REUTERS/Lucas Jackson/Files

The Dow Jones Industrial Average rose 19.08 points, or 0.08 percent, to 23,567.5. The S&P 500 gained 1.33 points, or 0.05 percent, to 2,592.46. The Nasdaq Composite dropped 0.72 points, or 0.01 percent, to 6,785.72.

Reporting by Tanya Agrawal; Editing by Arun Koyyur

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