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Wall St opens up on Italy, economic bets

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks rose at the open on Monday as the formation of a broad coalition government in Italy ended two months of political uncertainty and boosted an appetite for risky assets, while investors braced for major economic data this week.

The Dow Jones industrial average rose 35.17 points or 0.24 percent, to 14,747.72, the S&P 500 <.SPX> gained 5.17 points or 0.33 percent, to 1,587.41 and the Nasdaq Composite added 13.92 points or 0.42 percent, to 3,293.18.

(Reporting by Angela Moon; Editing by Bernadette Baum)

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First Published: Apr 29 2013 | 7:48 PM IST

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