US STOCKS SNAPSHOT-Wall St climbs at open on China rate cut

viernes 21 de noviembre de 2014 10:33 GYT

NEW YORK Nov 21 (Reuters) - Wall Street opened higher on Friday, setting major stock indexes up for a fifth week of gains, after China's central bank cut its benchmark interest rate for the first time in more than two years to boost its cooling economy.

The Dow Jones industrial average rose 131.46 points, or 0.74 percent, to 17,850.46, the S&P 500 gained 12.43 points, or 0.61 percent, to 2,065.18 and the Nasdaq Composite added 48.57 points, or 1.03 percent, to 4,750.44. (Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)