New york: Major indices on Wall Street closed higher on Monday. The S and P 500 rose by 20.19 points, or 0.27 percent, to close at 7600.03 points. The Nasdaq Composite gained 114.75 points, or 0.43 percent, to reach 27087.37 points, while the Dow Jones Industrial Average advanced 44.70 points, or 0.09 percent, to close at 51076.85 points.

According to Emirates News Agency, the rise in these indices on Wall Street signifies a positive start to the trading week. The gains reflect investor confidence and could potentially influence trading patterns in the upcoming days. The S and P 500, Nasdaq Composite, and Dow Jones Industrial Average all reported incremental increases, contributing to the overall positive sentiment in the financial markets.