News | September 25, 2015 10:10 AM EDT

Wall Street opens higher as Yellen eases slowing growth fears - Reuters

U.S. stocks opened higher on Friday, a day after Federal Reserve Chair Janet Yellen said she expects interest rates to be raised this year, easing concerns about slowing global growth.

Nike's surprisingly strong results in China and data showing that the U.S. economy expanded more than previously estimated in the second quarter added to the positive tone.

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