U.S. stocks surged in opening trade Friday, following European equity markets higher after the latest bailout proposal from Greece lifted hopes of a deal with its creditors.Five minutes into trade, the Dow Jones Industrial Average stood at 17,757.71, up 209.09 points (1.19 percent).The broad-based S&P 500 rose 23.06 (1.12 percent) to 2,074.37, while the tech-rich Nasdaq Composite Index jumped 58.02 (1.18 percent) to 4,980.42.Debt-riddled Greece on Thursday submitted a cash-for-reforms plan to creditors that raised hopes that a deal could be struck to avert the country's financial collapse and a potential exit from the eurozone.Investors also took heart from a 4.54 percent gain in the benchmark Shanghai Composite Index, the second straight day of gains after the Chinese government announced additional policies to stem market turbulence.