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Wall Street opens higher on China stimulus hopes, calm euro zone

The Dow Jones industrial average was up 87 points at 12,542

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Reuters New York

US stocks rose on Tuesday on hopes China may unleash more spending measures and Greek election polls pointing to support for pro-bailout parties.

The Dow Jones industrial average was up 87.64 points, or 0.70%, at 12,542.47. The Standard & Poor's 500 Index was up 9.29 points, or 0.70%, at 1,327.11. The Nasdaq Composite Index was up 21.64 points, or 0.76%, at 2,859.17.

 

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First Published: May 29 2012 | 7:12 PM IST

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