US stocks have opened higher, rallying after Thursday's losses following a strong earnings report from Dow member Nike and solid data on second-quarter economic growth.
Five minutes into trade, the Dow Jones Industrial Average stood at 17,025.04, up 79.24 points (0.47 per cent).
The broad-based S&P 500 gained 5.35 (0.27 per cent) to 1,971.34, while the tech-rich Nasdaq Composite Index advanced 16.41 (0.37 percent) to 4,483.16.
Nike rose 9.9 per cent as fiscal 2015 first-quarter earnings jumped 23.3 per cent to $US962 million, besting analyst expectations.
The Commerce Department upwardly revised second-quarter economic growth to an annual rate of 4.6 per cent, from 4.2 per cent.
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