NEW YORK (Reuters) – Stocks opened higher on Wednesday on signs of urgent moves in Europe to rescue Spain’s troubled banks, but comments from the ECB president disappointed a market hoping for further stimulus to tackle the euro zone’s debt crisis.

The Dow Jones industrial average .DJI rose 87.42 points, or 0.72 percent, to 12,215.37. The S&P 500 Index .SPX gained 9.42 points, or 0.73 percent, to 1,294.92. The Nasdaq Composite .IXIC added 24.98 points, or 0.90 percent, to 2,803.09.

(Reporting by Angela Moon)