US stocks open higher on Chinese stimulus hopes

(From Reuters)

.DJI rose 77.5 points, or 0.47 percent, to 16,570.18, the S&P 500 .SPX gained 11.75 points, or 0.6 percent, to 1,981.16 and the Nasdaq composite.IXIC added 42.76 points, or 0.89 percent, to 4,854.69.