Dow gains more than 100 points at the open as tech and consumer-discretionary stocks lead early gains
Stocks opened higher Tuesday morning, with the S&P 500 on pace for a fifth straight gain, ahead of the President Donald Trump's State of the Union address due in the evening. The Dow Jones Industrial Average rose 123 points, or 0.5%, at 25,365, the S&P 500 index gained 0.3% at 2.733, led by technology and consumer-discretionary shares, while the Nasdaq Composite Index advanced 0.5% at 7,381. Although investors appeared to express disappointment with quarterly results from Google-parent Alphabet Inc. , overall the mood around corporate results has been mostly upbeat. Looking ahead, Wall Street is awaiting for further earnings reports from the likes Walt Disney Co. and Snap Inc. due after the market close. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.