May 6 (Reuters) - U.S. stock indexes opened higher on Monday as traders priced in a greater chance of the U.S. Federal Reserve cutting interest rates this year following soft payrolls data last week.
The Dow Jones Industrial Average rose 86.8 points, or 0.22%, at the open to 38762.43. The S&P 500 rose 14.6 points, or 0.29%, at the open to 5142.42, while the Nasdaq Composite rose 52.2 points, or 0.32%, to 16208.537 at the opening bell. (Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)
