US growth spurs Wall Street

AUSTRALIAN stocks are expected to open higher today on strong overseas leads despite the price of gold falling below $US1200 per ounce.

The SPI Futures index was up 25 points at 5483.

The Down Jones Industrial Average was up 1.3% to 17,195 points while the S&P 500 gained 0.6% to 1994 and the NASDAQ rose 0.