http://nz.biz.yahoo.com//091029/16/fed7.html

(Updates with opening levels)

SYDNEY, Oct 30 (Reuters) - Australian stocks jumped 1.9 percent in early trade on Friday, snapping a four-day rout as U.S. economic growth bolstered prospects for company profits and fuelled a rally on Wall Street.

The benchmark S&P/ASX 200 index .AXJO rose 87.0 points to 4,661.7 at 2310 GMT, after sliding 6 percent so far this week.

New Zealand's benchmark NZX 50 index .NZ50 rose 1 percent to 3,227.7.

Shares in Macquarie Group Ltd MQG.AX, Australia's largest investment bank, jumped 3.7 percent after it reported a 21 percent drop in first-half net profit but grew its warchest of surplus capital by almost half to A$4.5 billion. [ID:nSYD521168] (Reporting by Victoria Thieberger; editing by Jonathan Standing)