FILE - In this June 6, 2012 file photo, Wellington Shields' Theodore Nelson, left, and Knight Capital's Frank Babino, right, work on the floor of the New York Stock Exchange. U.S. stock futures are following markets higher across the globe Monday, June 11, 2012, after the European Union said it would lend Spain as much as $125 billion to save its banks. (AP Photo/Bebeto Matthews, File)
FILE - In this June 6, 2012 file photo, Wellington Shields' Theodore Nelson, left, and Knight Capital's Frank Babino, right, work on the floor of the New York Stock Exchange. U.S. stock futures are following markets higher across the globe Monday, June 11, 2012, after the European Union said it would lend Spain as much as $125 billion to save its banks. (AP Photo/Bebeto Matthews, File)
NEW YORK (AP) ? Stocks are opening higher on Wall Street, following markets higher across the globe after European countries said they would lend Spain as much as $125 billion to save its banks.
The Dow Jones industrial average gained 80 points to 12,637 at the open. The Standard & Poor's 500 index added eight points to 1,334, and the Nasdaq composite rose 18 points to 2,876.
The financial respite for Spanish banks sent European stocks higher: France's CAC-40 rose 1.2 percent, and the DAX in Germany surged 1.7 percent, while Spain's Ibex rose 2 percent.
The markets are also looking ahead to an election this weekend in Greece that will help determine whether that countries stays in the euro currency union.
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