Stocks Open at Record Highs; Dollar Tree Beats Earnings Estimates
U.S. stocks opened at fresh record highs on Tuesday, after the three major indices closed at record highs on Monday. Higher oil prices and optimism about President-elect Donald Trump's economic policies are pushing stocks to the upside. In other news, Dollar Tree (DLTR) - Get Report reported mixed earnings for its most recent quarter. Earnings of $0.81 a share topped estimates of $0.78. Revenue of $5 billion rose 1.1% year-of-year but was slightly below estimates. Shares of Campbell Soup (CPB) - Get Report were in focus after reporting adjusted earnings of $1 a share, topping estimates of $0.95. Revenue of $2.2 billion was slightly ahead of forecasts. Finally, President-elect Donald Trump canceled his planned meeting with the New York Times (NYT) - Get Report , according to a tweet. He says the terms of the meeting were altered. The New York Times says they didn't know the meeting was off until they saw the tweet. TheStreet's Scott Gamm reports from Wall Street.









