Dow Climbs Anew Into Record Territory

Stocks opened higher as the

Dow Jones Industrial Average

was again in record territory, shooting above the 10,500 level.

The Dow was up 86 to 10,580, with

Citigroup

(C) - Get Report

powering the blue-chip average. Citigroup posted first-quarter earnings, excluding charges, of $1.04 a share. Including charges, the financial services titan reported earnings of $1.01 a share. The

First Call

22-analyst consensus estimate called for earnings of 87 cents. Citigroup was up 2 5/16 to 73 15/16.

The

S&P 500

was up 8 to 1327. The

Nasdaq Composite Index

was up 1 to 2485. The

Russell 2000

was up 2 to 424.

The 30-year Treasury bond was down 1/32 to 95 12/32, yielding 5.57%.

Most Up at Open -- NYSE

Chase (CMB) , up 3 3/16 to 89 1/4

.

Most Up at Open -- Nasdaq

TeleBanc Financial (TBFC) , up 9 5/16 to 101

:

Merrill Lynch

initiated coverage of the Internet bank with a near-term accumulate rating and long-term buy rating.

Most Down at Open -- NYSE

Dow Jones (DJ) , down 1 1/4 to 50 1/2

.

Most Down at Open -- Nasdaq

AmeriTrade (AMTD) - Get Report, down 7 to 119

.