Energy shares buoy Wall St despite weak data

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Reuters NEW YORK
Last Updated : Feb 02 2015 | 8:15 PM IST

NEW YORK (Reuters) - U.S. stocks opened slightly higher on Monday, following sharp weekly declines on major indexes, led by stocks in the energy sector as U.S. crude futures prices rose.

The Dow Jones industrial average rose 43.15 points, or 0.25 percent, to 17,208.1, the S&P 500 gained 6.52 points, or 0.33 percent, to 2,001.51 and the Nasdaq Composite added 6.99 points, or 0.15 percent, to 4,642.23.

U.S. consumer spending recorded its biggest decline since late 2009 in December, with households appearing to save the extra cash from cheaper gasoline.

(Reporting by Rodrigo Campos; Editing by Nick Zieminski)

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First Published: Feb 02 2015 | 8:14 PM IST

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