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Major equity indexes opened in the positive territory on Monday as the market mood remains upbeat. As of writing, the S&P 500 Index is up 0.45% on the day at 4,415, the Dow Jones Industrial Average is rising 0.43% at 35,082 and the Nasdaq Composite is gaining 0.25% at 14,995.
Among the 11 major S&P 500 sectors, the Financials Index is the top performer after the opening bell, rising 1.35%. On the other hand, the Consumer Staples Index is the only sector trading in the red.
Later in the session, the IHS Markit and the ISM will be publishing Manufacturing PMI reports for July.