U.S. stocks opened higher on Monday as details of a financial rescue package for Greece provided relief and data showed a steady rise in consumer spending.
U.S. consumer spending increased as expected in March for a sixth straight month as consumers dipped into their savings, a government report showed, confirming robust spending growth in the first quarter.
The Dow Jones industrial average <.DJI> gained 53.96 points, or 0.49 percent, to 11,062.57. The Standard & Poor's 500 Index <.SPX> rose 6.18 points, or 0.52 percent, to 1,192.87. The Nasdaq Composite Index <.IXIC> climbed 12.98 points, or 0.53 percent, to 2,474.17.
(Reporting by Chuck Mikolajczak; Editing by Padraic Cassidy)