October 2, 2012 / 1:35 PM / in 5 years

US STOCKS SNAPSHOT - Wall St opens higher on Spain bailout hopes

1 Min Read

NEW YORK, Oct 2 (Reuters) - 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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