Dow Climbs Anew Into Record Territory

The major indices are higher, while the Treasury market is little changed.
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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

.