US STOCKS-Wall St opens higher on strong retail sales data
* May retail sales rise 1.2 pct vs est 1.1 pct
* Import prices rise after 10 months of decline
* Weekly jobless claims up
* Box surges after raising forecast
* Indexes up: Dow 0.34 pct, S&P 0.32 pct, Nasdaq 0.33 pct (Updates to open)
By Tanya Agrawal
June 11 (Reuters) - Wall Street opened higher for the second straight day after data showed that retail sales surged in May, the latest sign that a recovery in the U.S. economy was finally gathering steam.
U.S. retail sales increased 1.2 percent in May, topping the 1.1 percent growth expected by economists, as households boosted purchases of automobiles and a range of other goods even as they paid a bit more for gasoline.
Other data showed that U.S. import prices rose in May after 10 months of declines, while weekly jobless claims rose slightly more than expected but remained in territory consistent with a strengthening labor market. Continuación...