U.S. stocks opened higher on Wednesday on signs of urgent moves in Europe to rescue Spain's troubled banks, but comments from the ECB president disappointed a market hoping for further stimulus to tackle the euro zone's debt crisis.
The Dow Jones industrial average rose 87.42 points, or 0.72%, to 12,215.37. The S&P 500 Index gained 9.42 points, or 0.73%, to 1,294.92. The Nasdaq Composite added 24.98 points, or 0.90%, to 2,803.09.
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