Stocks opened higher on Wall Street as New York moved back into the work week with authorities seeking for leads and people connected to an explosion Saturday in Chelsea and other bombs discovered in New Jersey.
The Dow Jones Industrial Average gained 112.31, or 0.7 percent, to 18,236.11 in early trading, with the S&P 500 Retailing Industry Group ahead 0.2 percent to 1,320.72.
The gainers included Fossil Group Inc., up 3.5 percent to $27.74; Coach Inc., 2.7 percent to $35.97; J.C. Penney Co. Inc., 3 percent to $10.40, and Michael Kors Holdings Ltd., 2.7 percent to $49.15.
Kohl’s Corp., which was up 1.9 percent to $43.79, said it would higher 69,000 seasonal workers as it prepared for the Christmas rush.
The morning commute in New York, while in some cases delayed by bombs found in New Jersey, was largely quiet. Security was ramped up around major transportation hubs, like Grand Central Terminal, as authorities made their presence known, searched for suspects and prepared for a meeting of the United Nations Generally Assembly.