Wall St. opens higher ahead of euro summit

NEW YORK (Reuters) - Stocks opened higher on Friday ahead of a weekend European Union debt-crisis summit that could potentially remove one of the biggest overhangs for markets and allow investors to focus on corporate results.

The Dow Jones industrial average <.DJI> gained 140.40 points, or 1.22 percent, to 11,682.18. The Standard & Poor's 500 Index <.SPX><.INX> rose 12.58 points, or 1.04 percent, to 1,227.97. The Nasdaq Composite Index <.IXIC> climbed 30.95 points, or 1.19 percent, to 2,629.57.

(Reporting by Chuck Mikolajczak; Editing by Padraic Cassidy)