Wall Street opens higher as chip stocks rebound and Middle East tensions ease.

June 8 (Reuters) - Wall Street's main indexes opened higher on Monday, recovering from a sharp sell-off in the previous session, supported by a rebound in chip stocks and signs of easing tensions in the Middle East.

The Dow Jones Industrial Average rose 130.5 points, or 0.26 percent, to 50,997.23. The S&P 500 gained 56.8 points, or 0.77 percent, to 7,440.57. The Nasdaq Composite added 355.6 points, or 1.38 percent, to 26,065.071.


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