NEW YORK, Aug 22 - Stocks rose at Wednesday's open as investors focused on the bright spots in the bleak corporate profit picture just a day after the Federal Reserve's comments helped spur a sharp sell-off in the market. The tech sector was in the lead, helped by modestly upbeat earnings news from the likes of small business finance software maker Intuit Inc. , which reaffirmed its financial outlook for fiscal 2002. Support for the battered auto sector came from General Motors Corp. , which late Tuesday affirmed its earnings outlook for the third quarter and its production for 2001. The technology-laced Nasdaq Composite Index was up 19.21 points, or 1.05 percent, at 1,850.51. The Dow Jones industrial average was up 19.03 points, or 0.19 percent, at 10,193.17. The broader Standard & Poor's 500 Index was up 3.42 points, or 0.3 percent, at 1,160.68. The central bank cut interest rates on Tuesday for the seventh time this year in an effort to prop sagging U.S. growth. But stocks took a nosedive, tumbling to lows not seen since early April as the Fed's remarks ignited worries that economic recovery is still a long way off and corporate profits may remain under pressure for a while.