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Wall Street opens up on rescue fund optimism

Written By spicy on Wednesday, October 12, 2011 | 7:01 AM


NEW YORK (Reuters) - Stocks opened higher on Wednesday, with the S&P 500 on track for its sixth day of gains in the past seven, on optimism Slovakia would reach a deal to expand the euro zone rescue fund.
The Dow Jones industrial average <.DJI> gained 65.13 points, or 0.57 percent, to 11,481.43. The S&P 500 <.SPX> added 8.87 points, or 0.74 percent, to 1,204.41. The Nasdaq Composite <.IXIC> rose 20.61 points, or 0.80 percent, to 2,603.64.

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