November 23, 2009 / 1:54 PM / in 8 years

US STOCKS SNAPSHOT-Wall St opens higher after Bullard comments

NEW YORK, Nov 23 (Reuters) - U.S. stocks opened higher on Monday after comments by a Fed official reassured investors the government is committed to helping the economy recover from a deep recession.

* The Dow Jones industrial average .DJI gained 106.03 points, or 1.03 percent, to 10,424.19. The Standard & Poor’s 500 Index .SPX rose 12.95 points, or 1.19 percent, to 1,104.33. The Nasdaq Composite Index .IXIC climbed 25.90 points, or 1.21 percent, to 2,171.94.

* On Sunday, St. Louis Federal Reserve President James Bullard said the central bank should extend its mortgage-related assets purchase program to give policy-makers more flexibility as they help the recovery. For details, see [ID:nN22246631]

(Reporting by Chuck Mikolajczak; editing by Jeffrey Benkoe)

((Charles.mikolajczak@thomsonreuters.com; +1 646 223 5234; Reuters Messaging:rm://Charles.mikolajczak.reuters.com@reuters.net))

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