Stocks rose on Monday, led by tech shares, as investors awaited key corporate earnings from companies like Alphabet.
The Dow Jones Industrial Average closed 175.48 points higher at 25,239.37 as Microsoft and Apple outperformed. The S&P 500 gained 0.7 percent to close at 2,724.87 as the tech sector gained 1.6 percent. The Nasdaq Composite climbed 1.15 percent to 7,347.54, outperforming relative to the other major indexes.
Shares of Facebook, Apple, Netflix and Google-parent Alphabet all closed at least 2 percent higher. The Technology Select Sector SPDR fund (XLK) rose 1.6 percent.
But Alphabet shares fell 2 percent after hours following the company's release of quarterly earnings. Gilead also dipped 2.3 percent on earnings.Disney, General Motors, Viacom and Kellogg are all slated to release their results later this week.
Shares of Clorox rose 5.6 percent after the company posted a better-than-expected profit. Clorox also reiterated its guidance for 2019 earnings and revenue. Sysco and Alexion Pharmaceuticals also reported stronger-than-forecast earnings. Sysco shares rose 4.8 percent. Alexion gained as much as 2.1 percent before closing 2 percent lower.
So far, more than 47 percent of S&P 500 companies have reported quarterly results. Of those companies, 68.5 percent have topped analyst expectations, according to FactSet.