US stocks have opened with modest gains after last week's slump, lifted by encouraging China trade data that signalled renewed momentum in the economy and solid earnings from a key US homebuilder.
In the first five minutes of trade on Monday, the Dow Jones Industrial Average was up 13.82 points, or 0.11 per cent, at 12,829.21.
The broad-market S&P 500 advanced 3.26 points, or 0.24 per cent, to 1,383.11.
The tech-rich Nasdaq Composite rose 12.94 points, or 0.45 per cent, to 2,917.81.
"The support for stocks comes as China reported stronger than expected exports and US homebuilder DR Horton Inc posted better-than-expected earnings," Charles Schwab & Co analyst said.
China's export growth accelerated in October for the second straight month, the government said on Saturday, adding to evidence the world's second-largest economy is bouncing back from a slowdown.
There were no major economic data scheduled for release and the bond market was closed in observance of Veterans Day.
On Friday, US stocks eked out small gains, capping a week of solid losses amid fears about the nation's looming "fiscal cliff", automatic spending cuts and expiring tax breaks that will come at year-end unless avoided.
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