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Stocks open higher after two-day decline

An excited trader on the floor of the stock exchange.
Photo: Spencer Platt via Getty Images

Stocks rose sharply Friday morning, with the Dow Jones Industrial Average opening up with a 400 point gain. The S&P 500 and Nasdaq were also higher.

Between the lines: Even with these gains, stocks still have a ways to go to recover from the 1,300 point loss in the last two days.