Wall Street’s main indexes opened higher on Thursday as fears of a banking crisis eased, while investor focus turned to key consumer spending data for cues on the Federal Reserve’s policy path.

The Dow Jones Industrial Average rose 89.83 points, or 0.27 percent, at the open to 32,807.43. The S&P 500 opened higher by 18.93 points, or 0.47 percent, at 4,046.74, while the Nasdaq Composite gained 84.21 points, or 0.71 percent, to 12,010.45 at the opening bell.