Wall Street opens up, S&P faces resistance

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Stocks rose on Monday, with the S&P 500 facing a level where selling has clustered in recent sessions.

S&P 500 has traded in a tight range below 1,333. The benchmark has been unable to close above that level since mid-February, although the index briefly pierced it on Friday.

The Dow Jones industrial average <.DJI> gained 10.22 points, or 0.08 percent, to 12,386.94. The Standard & Poor's 500 Index <.SPX> gained 2.35 points, or 0.18 percent, to 1,334.76. The Nasdaq Composite Index <.IXIC> gained 7.52 points, or 0.27 percent, to 2,797.12.

(Editing by Kenneth Barry)

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