Markets Right Now: US stocks rise following gains in Europe

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Markets Right Now: US stocks rise following gains in Europe
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MARKETS: Stocks are opening higher on Wall Street following big gains in Europe, after the head of the European Central Bank said it was ready to cut interest rates and provide more economic stimulus if necessary.

Technology and communications companies were among the biggest winners in early trading Tuesday. Apple rose 1.5% and Fox rose 1.6%.The Dow Jones Industrial Average added 182 points, or 0.7%, to 26,298.

The Nasdaq rose 77 points, or 1%, to 7,923.
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