US stocks rise on Thursday as investors weigh recession fears against bargain-hunting tendencies. Dow Jones rises by around half a percent to 30,636.40 just after 20 minutes of trade. S&P 500 index reaches a new high of 3,774.64 and the Nasdaq Composite hits 11,085.21. US stocks began higher, as investors weighed recession fears against bargain-hunting tendencies, as markets hoped for