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Stocks Open Election Day With Rally Move

Stock quotes in this article: MA , DFS , APC , VIA , GE , CIT , UBS  

Updated from 9:13 a.m. EST

Stocks in New York were climbing at the open Tuesday, as traders heard some encouraging quarterly earnings reports and the polls opened for the U.S. presidential election.

The Dow Jones Industrial Average was gaining 168 points to 9488, and the S&P 500 was up 18 points to 984. The Nasdaq was tacking on 27 points to 1753.

A series of solid corporate earnings results were bolstering investor enthusiasm. Following Monday's close, credit-card company MasterCard (MA Quote) took a net loss on charges related to its settlement of a legal scuffle with Discover Financial Services (DFS Quote). Excluding the charge, however, MasterCard's earnings trumped the Street's forecasts. ...

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