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Wall Street opens higher on Europe hopes, Apple

NEW YORK (Reuters) - Stocks opened higher on Friday as Spain worked on reform measures in anticipation of a bailout package and Apple <AAPL.O> debuted its latest iPhone worldwide.

The Dow Jones industrial average <.DJI> was up 28.42 points, or 0.21 percent, at 13,625.35. The Standard & Poor's 500 Index <.SPX> was up 3.74 points, or 0.26 percent, at 1,464.00. The Nasdaq Composite Index <.IXIC> was up 19.09 points, or 0.60 percent, at 3,195.05.

Shares of Apple rose 0.5 percent in early trading.

(Reporting by Ryan Vlastelica; Editing by Bernadette Baum)

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