Wall Street stocks rose in opening trade today, bouncing after two losing sessions, as investor anxiety over higher interest rates ebbed somewhat.

Analysts are preparing for a continuation of the recent volatility amid expectations the Federal Reserve will boost interest rates three or four times in 2018. 

About 20 minutes into trading, the Dow Jones was up 0.5% to 24,911, while the broad-based S&P 500 gained 0.4% to trade at 2,712 and the tech-rich Nasdaq Composite index advanced 0.4% to stand at 7,248.

London's FTSE index was down 79 points (1%) to stand at 7,203 by 3pm, while the Paris CAC fell 14 points (0.27%) to 5,288 and the Frankfurt DAX fell 92 points (0.7%) to trade at 12,378.

Dublin's ISEQ index was also lower this afternoon, down 47 points (0.7%) to stand at 6,744. Ahead of its annual results tomorrow, shares in Kingspan fell 0.5% to €37.38, while Aryzta fell 2% to trade at €20.38 and Ryanair dropped 1.3% to €16.27. 

Earlier in Asian trade, Tokyo's Nikkei index lost 234 points (1%) to finish at 21,736 as market sentiment remained fragile after recent volatility. The Hang Seng index in Hong Kong was also weaker, slumping 466 points (1.5%) to close at 30,966 with traders fretting over the prospect of high US interest rates.