Stock market live updates: New record highs, Cloud stocks rally, Bank of Americas S&P call – CNBC

The major averages hit new intraday record highs on Tuesday as the U.K. began rolling out a Covid-19 vaccine. The climb higher throughout the day marked a reversal from early trading, which saw all three major averages register losses at the opening bell. Meanwhile, Tesla announced another stock offering, while shares of Stitch Fix soared after a big earnings beat.