US STOCKS-Wall St opens lower but rebounds as oil slips

(Updates to open)

NEW YORK, July 8 (Reuters) - U.S. stocks opened lower but quickly rebounded on Tuesday as a sharp pullback in oil prices helped the broad market and comments from Federal Reserve Chairman Ben Bernanke tempered credit concerns.

The Dow Jones industrial average .DJI rose 43.80 points, or 0.39 percent, to 11,275.76. The Standard & Poor's 500 Index .SPX climbed 2.85 points, or 0.23 percent, to 1,255.16. The Nasdaq Composite Index .IXIC gained 14.34 points, or 0.64 percent, to 2,257.66.

(Reporting by Deborah Jian Lee; Editing by Kenneth Barry)