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Wall Street rises on recovery optimism



    NEW YORK (Reuters) - U.S. stocks rose on Monday as data bolstered hopes the economy is strengthening and the corporate profit outlook could brighten.

    The Dow Jones industrial average gained 46.55 points, or 0.43 percent, to close unofficially at 10,973.62. The Standard & Poor's 500 Index rose 9.34 points, or 0.79 percent, to end unofficially at 1,187.44. The Nasdaq Composite Index added 26.95 points, or 1.12 percent, to close unofficially at 2,429.53.

    (Reporting by Rodrigo Campos; Editing by Jan Paschal)