Dow Jones, S&P 500 mark fresh record highs

Most US stock indices rose at the start of trading on Tuesday, with both the Dow Jones Industrial Average and the S&P 500 reaching fresh record highs as investors awaited remarks from Federal Reserve Chair Jerome Powell.

Several other Fed officials are also scheduled to deliver key comments today, while Powell is expected to speak later during a luncheon hosted by the Greater Providence Chamber of Commerce in Rhode Island.

As for trading performance, the Dow Jones Industrial Average gained 0.6% (302 points) by 15:13 GMT to reach 46,688. The broader S&P 500 index edged up 0.1% (3 points) to 6,696, while the Nasdaq Composite slipped 0.2% (53 points) to 22,735.