July 26 (Reuters) - Wall Street's main indexes opened higher on Friday, with the Nasdaq taking the lead as most megacap tech and chip stocks recovered from the week's pummeling and a largely in-line key inflation reading kept rate-cut bets intact.
The Dow Jones Industrial Average rose 205.79 points, or 0.52%, at the open to 40,140.86. The S&P 500 opened higher by 34.45 points, or 0.64%, at 5,433.67, while the Nasdaq Composite gained 150.22 points, or 0.87%, to 17,331.95 at the opening bell.
(Reporting by Ankika Biswas in Bengaluru; Editing by Pooja Desai)
((Ankika.Biswas@thomsonreuters.com;))
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