Wall Street opens higher after brutal selloff

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(Reuters) – Wall Street’s main indexes opened higher on Tuesday, after five sessions of relentless selling on worries of a rate-hike induced economic slowdown.

The Dow Jones Industrial Average rose 159.1 points, or 0.54%, at the open to 29419.88. The S&P 500 rose 31.4 points, or 0.86%, at the open to 3686.44​, while the Nasdaq Composite rose 152.4 points, or 1.41%, to 10955.288 at the opening bell.