Wall Street rebounds at open

20/12/2011 - 15:50

NEW YORK (REUTERS) - Stocks rebounded at the open on Tuesday after declines in the prior session and as a drop in Spain's borrowing costs and unexpectedly positive economic data from Germany eased euro zone debt worries.

The Dow Jones industrial average gained 186.71 points, or 1.59 percent, to 11,952.97. The Standard & Poor's 500 Index rose 20.54 points, or 1.70 percent, to 1,225.89. The Nasdaq Composite Index added 49.64 points, or 1.97 percent, to 2,572.78.

(Reporting by Edward Krudy; editing by Jeffrey Benkoe)