Stocks open higher on easing European debt worries.

NEW YORK—Stocks are opening
higher as investors shake off worries
about the European debt crisis.
Portugal had a successful bond
auction Wednesday, and that eased
concerns that the country will soon
need a financial bailout. But analysts
cautioned that Portugal could still need
a financial rescue if it slips back into a
recession later this year.
At the opening, the Dow Jones
industrial average is up 58 points, or
0.5 percent, at 11,730. The Standard &
Poor's 500 index is up 7, or 0.5
percent, at 1,281. The Nasdaq
composite index is up 11, or 0.4
percent, at 2,727.
Bond prices are falling, pushing their yields
higher. The yield on the 10-year Treasury note,
which moves opposite its price, rose to 3.40
percent from 3.34 percent late Tuesday


Source: Http://www.denverpost.com/business/ci_17075283