US stocks rise in early trading, Dow Jones hits record high

The main US stock indices opened higher on Tuesday, extending the record rally, amid focus on the ongoing quarterly business reports season.

Facebook reported yesterday strong profits that beat expectations, while revenues and a number of monthly users were below expectations.

Tesla reported last week record revenues and profits in the third quarter, which buoyed its stock to record highs, and its market value rose above the $1 trillion mark for the first time ever.

As for stocks, Dow Jones rose 0.3% or 120 points to 35,861 as of 15:29 GMT, and S&P 500 rose 0.6% or 28 point to 4,594, while Nasdaq rose 0.9% or 140 points to 15,368.