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US stocks up as oil shares climb

New York - Wall Street stocks climbed in opening trade on Tuesday as higher oil prices lifted petroleum-linked shares.

Dow member ExxonMobil advanced 0.7% and midsized producers Apache and EOG Resources gained more than 1.0% as the US oil benchmark contract rose above $50 a barrel due in part to supply disruptions in Nigeria.

The US increases shadowed gains in European bourses after the Eurostat statistics agency modestly raised first-quarter growth to 0.6% from the prior 0.55.

Five minutes into trade, the Dow Jones Industrial Average was at 17 980.50, up 0.3%.

The broad-based S&P 500 rose 0.2% to 2 112.54, while the tech-rich Nasdaq Composite Index added less than 0.1% at 4 969.83.

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