OREANDA-NEWS. February 03, 2015. Wall Street stocks opened modestly higher, rallying after last week's losses at the kickoff of a heavy week of economic data.

Five minutes into trade, the Dow Jones Industrial Average was at 17,183.86, up 18.91 points (0.11 percent).

The broad-based S&P 500 rose 4.28 (0.21 percent) to 1,999.27, while the tech-rich Nasdaq Composite Index increased 5.47 (0.12 percent) to 4,640.71.

The major US indices lost more than 2.5 percent last week on worries about the strong dollar and falling oil prices, among other things.

A series of closely watched US economic data releases culminates with the January jobs report Friday.