Stocks open higher on Wall Street

NEW YORK - -- U.S. stocks rose Monday morning as investors latched onto a survey suggesting that economists are more optimistic about housing and unemployment.


It's the first gain for the Dow Jones industrial average after six straight days of losses. However a tense undercurrent created by continued tension in Europe, and a steep slide in Facebook's stock, reminded investors that the market is far from healed.


The Dow rose 80 points to 12,449 at midmorning Monday. The Standard & Poor's 500 index rose 11 to 1,306. The Nasdaq composite rose 28 to 2,807.

 

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