U.S. STOCKS - Wall St. opens higher on rate cut hopes

NEW YORK (Reuters) - U.S. stocks rose at the market open on Friday, after comments by Federal Reserve Chairman Ben Bernanke bolstered belief in the market that another interest-rate cut is on the horizon.

The Dow Jones industrial average was up 110.39 points, or 0.83 percent, at 13,422.12. The Standard & Poor's 500 Index was up 12.54 points, or 0.85 percent, at 1,482.26. The Nasdaq Composite Index was up 25.44 points, or 0.95 percent, at 2,693.57.