March 7 (Reuters) - Wall Street's main indexes opened

higher on Thursday ahead of more commentary from Jerome Powell

after the Federal Reserve chair stuck to the script overnight by

saying the central bank still expects to cut rates later this

year.

The Dow Jones Industrial Average rose 123.25 points,

or 0.32%, at the open to 38,784.30.

The S&P 500 opened higher by 27.62 points, or 0.54%,

at 5,132.38, while the Nasdaq Composite gained 115.78

points, or 0.72%, to 16,147.32 at the opening bell.