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Wall St opens higher on Spain bailout hopes

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Reuters New York

U.S. stocks rose at the open on speculation Spain will soon request a bailout, seen by some as the necessary next step to alleviating the euro zone's debt crisis.

The Dow Jones industrial average gained 46.20 points, or 0.34 percent, to 13,561.31. The Standard & Poor's 500 Index rose 5.77 points, or 0.40 percent, to 1,450.26. The Nasdaq Composite Index added 14.98 points, or 0.48 percent, to 3,128.51.

 

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First Published: Oct 02 2012 | 7:15 PM IST

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