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US: Wall St opens up on hopes for central bank action


[NEW YORK] US stocks opened higher on Tuesday as lower growth forecasts from the International Monetary Fund spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement.

The Dow Jones industrial average rose 32.82 points, or 0.19 per cent, to 17,544.39, the S&P 500 gained 5.23 points, or 0.26 per cent, to 2,024.65 and the Nasdaq Composite added 21.03 points, or 0.45 per cent, to 4,655.42.