Wall Street gains as data points to budding economy

Wall Street
Wall Street

Wall Street gains as data points to budding economy Financial and commodity-sector stocks led the S&P 500 higher in a low-volume session on Monday after consumer spending rose for a fourth straight month, pointing to a pick-up in US economic growth.

The Dow Jones industrial average rose 107.59 points, or 0.58 percent, to 18,502.99, the S&P 500 gained 11.34 points, or 0.52 percent, to 2,180.38 and the Nasdaq Composite added 13.41 points, or 0.26 percent, to 5,232.33.
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