Dow Jones share price: S&P 500 hits record high as bank stocks gain; Dow Jones rises 100 pts

The S&P 500 index hit a record high shortly after the open on Tuesday, lifted by big U.S. banks, while investors looked to consumer confidence data against the backdrop of rising inflation and a spike in Covid-19 cases in Asia.

The Dow Jones Industrial Average rose 101.37 points, or 0.30% , to 34,384.64.

The S&P 500 gained 6.23 points, or 0.15%, to 4,296.84, after hitting a record high of 4,299.80.

The Nasdaq Composite gained 14.25 points, or 0.10%, to 14,514.76, having clocked an all-time high of 14,523.34.

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