US STOCKS-Wall St rises on lower rate-hike odds, merger activity
* Spectra Energy jumps on Enbridge deal
* Cepheid soars on $4 bln Danaher offer
* Indexes up: Dow 0.25 pct, S&P 0.11 pct, Nasdaq 0.22 pct (Updates to open)
By Yashaswini Swamynathan
Sept 6 (Reuters) - Wall Street was higher on Tuesday morning as lower chances of an interest rate hike and a host of multi-billion dollar takeover deals boosted investor sentiment.
Top Federal Reserve officials, encouraged by a string of strong economic data, had hinted that a rate hike could come as early as this month. However, Friday's disappointing employment numbers dampened those expectations.
Traders now see a 21 percent chance of a rate hike this month, down from 24 percent, following the jobs data. The odds edged down to 50.6 percent from 53.6 percent for December, according to CME Group's FedWatch tool.
The dollar index fell 0.2 percent on Tuesday.
"The markets probably got what they most wanted," said Andre Bakhos, managing director at Janlyn Capital. Continuación...