US stocks open higher. Traders will eye the 200 day moving average for the S&P index today

The major US stock indices are all opening higher and all are up about 1% in early US trading. A snapshot of the market currently shows:

Dow industrial average up 371 points or 1.09% at 34539
S&P index up 53.5 points or 1.24% at 4403.80
NASDAQ index up 152 points or 1.12% 13694
Russ