(Open): Stocks on Wall Street opened higher on Monday as investors awaited the start of the big banks' earnings reporting season.
In early trade, the Dow Jones was up 56.71 points at 20,712.81, while the S&P 500 rose 8.94 points to 2,364.48.
The tech-heavy Nasdaq was 23.12 points higher at 5,900.93.
JP Morgan, Citigroup and Wells Fargo are all set to unveil their first-quarter results on Thursday, with the banking industry in the spotlight.
Speculation continues that President Donald Trump's administration plans to relax banking legislation introduced to curb the excesses of the financial crisis.
The price of Brent oil was up 1.1% to $55.83 a barrel at one point, helping to boost shares of oil companies, with Chevron up 1% and Exxon Mobil adding 0.5%.
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