Stocks open higher after yesterday's big drop

FILE -- American flags fly at the New York Stock Exchange on Wall Street, Monday, July 6, 2015. (AP Photo/Mark Lennihan) (AP)

Stocks are opening higher on Wall Street as the stock market recovers some of the massive losses it has suffered over the past week.

The Dow Jones industrial average is up more than 300 points in early trading Friday, a day after it suffered its second 1,000-point drop in a week.

Some of the market's biggest winners over the past year were leading the market higher. Amazon rose 2.2 percent.

RELATED: Investment adviser Pat Vitucci offers take on Dow's worst day since 2011

The Dow was up 264 points, or 1.1 percent, at 24,122. It was up as much as 349 shortly after the opening bell.

The Standard & Poor's 500 index rose 24 points, or 0.9 percent, to 2,604. The Nasdaq rose 69 points, or 1 percent, to 6,847.

The yield on the 10-year Treasury note rose to 2.86 percent.

Click here for the latest news on Wall Street.

Related Topics:
businessfinancefinancial marketswall streetdow jonesu.s. & worldpersonal financeNew York
(Copyright ©2018 by The Associated Press. All Rights Reserved.)