US STOCKS-Wall St opens higher, rebounding from steep selloff a day earlier
* U.S. stocks had their worst day in 3 weeks on Tuesday
* Dollar hits new 8-year high after brief retreat
* Michael Kors slumps on weak sales, weighs on rivals
* Tiffany gains as results beat estimates
* Indexes up: Dow 0.2 pct, S&P 0.3 pct, Nasdaq 0.4 pct (Updates to open)
By Tanya Agrawal
May 27 (Reuters) - U.S. stocks opened higher on Wednesday, a day after notching their steepest fall in three weeks as the dollar enjoyed its biggest rally in two years.
That rally was spurred by buoyant U.S. economic data on Tuesday, which fueled expectations that an interest rate hike could come sooner rather than later this year.
The strong dollar, which means that U.S. companies earn less when sales abroad are brought back, and concerns about Greece has weighed heavily on Wall Street. Continuación...