U.S. Stocks Open Higher As Rate Hike Fears Recede

By Anora Mahmudova Markets MarketWatch Pulse

U.S. stocks opened higher on Friday, recovering some of the losses that were triggered by rate hike fears. The main indexes were on track to end the week roughly where they started. The S&P 500 was up 7 points, or 0.3%, to 2,046. The Dow Jones Industrial Average added 37 points, or 0.2%, to 17,478 at the open. Meanwhile, the Nasdaq Composite began the session up 21 points, or 0.5%, at 4,735.

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