U.S. stocks rose on Monday after data showed consumer spending rose to a five-month high last month, and the latest consumer sentiment reading showed improvement. Despite the signs of strength, inflation remains benign, with a price index for consumer spending unchanged for a second straight month.
The Dow Jones industrial average rose 0.45 percent, while the S&P 500 gained 0.53 percent and the Nasdaq 1.08 percent.
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