Wall St opens up on China, corporate results

China's steps to stimulate its slowing economy and earnings from Morgan Stanley lured money back into equities

US stocks opened higher on Monday, rebounding after a sharp decline in the previous session, as Chinese steps to stimulate its slowing economy and earnings from Morgan Stanley lured money back into equities.

The Dow Jones industrial average rose 56.19 points, or 0.32 percent, to 17,882.49, the S&P 500 gained 7.06 points, or 0.34 percent, to 2,088.24 and the Nasdaq Composite added 26.46 points, or 0.54 percent, to 4,958.28.