July 10 (Reuters) - U.S. stocks opened higher on Wednesday
as hopes of an interest rate cut later this month were boosted
by Federal Reserve Chairman Jerome Powell's comment that the
central bank would "act as appropriate" to sustain record U.S.
growth.
The Dow Jones Industrial Average .DJI rose 68.47 points,
or 0.26%, at the open to 26,851.96.
The S&P 500 .SPX opened higher by 9.67 points, or 0.32%,
at 2,989.30. The Nasdaq Composite .IXIC gained 41.47 points,
or 0.51%, to 8,183.20 at the opening bell.