Wall St opens higher on hopes of slowing rate hikes

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The Dow Jones Industrial Average rose 129.84 points, or 0.40%, at the open to 32,862.79.

The S&P 500 opened higher by 29.81 points, or 0.77%, at 3,901.79, while the Nasdaq Composite gained 166.59 points, or 1.52%, to 11,154.74 at the opening bell.