S&P 500, Dow hit record highs; Ford shines

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The Dow and the S&P 500 hit record highs shortly after open on Tuesday as worries about the Omicron variant of the coronavirus subsided and travel stocks bounced, while Ford gained on upbeat electric pickup production forecast.

At 9:31 a.m. ET, the Dow Jones Industrial Average was up 182.88 points, or 0.50 per cent, at 36,767.94, the S&P 500 was up 13.36 points, or 0.28 per cent, at 4,809.92, and the Nasdaq Composite was down 2.94 points, or 0.02 per cent, at 15,829.86.