July 30 (Reuters) - U.S. stocks opened higher on Thursday as

Microsoft's forecast-beating results soothed investor concerns

about massive AI spending by companies, while investors parsed

fresh readings of GDP and inflation data a day after the Federal

Reserve's rate decision.

The Dow Jones Industrial Average rose 520.1 points,

or 1.01%, at the open to 52,114.27. The S&P 500 rose 74.3

points, or 1.02%, at the open to 7,390.45​, while the Nasdaq

Composite rose 409.1 points, or 1.67%, to 24,852.047 at

the opening bell.

(Reporting by Shashwat Chauhan in Bengaluru)