Stocks, Oil Head Higher

Stocks headed higher at today's open as rallying commodity prices gave traders hope about the economy. The Dow rose 65 points, while the Nasdaq rose 0.8% and the S&P 1%. Oil prices topped $60 a barrel, sending Exxon and Chevron slightly higher. Bank of America, meanwhile, rose 6% after a $13.5 billion stock sale that generated half the capital the government has demanded it raise. And Target was up more than 5% after better-than-expected earnings. (More stock market stories.)