Economic Indicator
Stocks open higher, led by gains in energy companies

U.S. stocks moved sharply higher in early trading Monday, as investors welcomed encouraging economic data on consumer spending in the U.S. The market also got a lift from a report suggesting that the economic recovery in the 19-country eurozone is gaining traction. Energy stocks were among the biggest gainers. KEEPING SCORE: The Dow Jones industrial average climbed 256 points, or 1.5 percent, to 17,968 as of 10:02 a.m. Eastern. The Standard & Poor's 500 index rose 20 points, or 1 percent, to 2,081. The Nasdaq composite gained 45 points, or 0.9 percent, to 4,936. CONSUMER REBOUND: The Commerce Department said that consumer spending edged up 0.1 percent in February following two...