Stock market live Tuesday: New record highs, Nasdaq leads as cloud stocks jump, vaccines begin in UK

This is a markets live blog for CNBC PRO subscribers that will be updated throughout the day.

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.