Wall Street advances in a data-busy week

US stock indices rose on Monday in a data-busy week as markets also await a new batch of corporate earnings results.

This week we’ll see the release of US GDP and personal spending, in addition to manufacturing and services data.

According to a Bloomberg poll, strong corporate earnings will help snap the streak of losses that dominated the S&P 500 in recent weeks.

As for the data, US GDP growth is expected at 2.3% for the first quarter, compared to 3.4% in the previous quarter. 

US personal spending is expected up 0.3% in March, after a similar increase in February. 

On trading, Dow Jones rose 0.4%, or 142 points as of 16:12 GMT to 38,128, while the S&P 500 rose 0.5%, or 24 points to 4991, as NASDAQ added 0.5%, or 82 points to 15,364.