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 In this Sept. 6, 2011 photo, Gregg Maloney of Barclays Capital, works on the floor of the New York Stock Exchange. Global stocks rebounded Wednesday, Sept. 7, from the previous day's steep sell-off as investor sentiment was buoyed by a German court decision backing the country's participation in European bailouts. The Swiss franc, meanwhile, hovered around the level it was pegged at. (AP Photo/Henny Ray Abrams)  

Opening bell: Eurozone bailout hopes lift U.S. stocks

10:27 AM 09/07/2011
InternAdmin

Stocks jumped at the open Wednesday, attempting to rebound from a three-day decline, following a German court ruling in favor of the country’s participation in Greece bailout.

The Dow Jones Industrial Average gained sharply at the open, led by BofA and Chevron after logging a three-day decline in the previous session.

The S&P 500 and the Nasdaq also opened higher. The CBOE Volatility Index, widely considered the best gauge of fear in the market, traded near 35.

Full story: US Stocks Open Higher on Euro Zone Bailout Hopes – CNBC.

Tags: Dow Jones Industrial Average, Nasdaq, NYSE, S&P 500