NEW YORK, July 15 (Reuters) - U.S. stocks rose more than 1
percent at the open on Wednesday as Intel Corp's (INTC.O: Quote, Profile, Research) solid
quarterly results and outlook reinforced hopes for an economic
recovery and a rebound in technology spending.

* Regional U.S. economic data underpinned the positive
sentiment, with the New York Fed's Empire State index for July
showing business conditions in the state at their strongest
since April 2008.

* The Dow Jones industrial average .DJI gained 98.62
points, or 1.18 percent, to 8,458.11. The Standard & Poor's 500
Index .SPX rose 11.46 points, or 1.27 percent, to 917.30. The
Nasdaq Composite Index .IXIC climbed 27.82 points, or 1.55
percent, to 1,827.55.
(Reporting by Chuck Mikolajczak; Editing by Padraic Cassidy)