U.S. stock benchmarks rose Monday, with gains in technology shares helping to establish an intraday record for the S&P 500, which could lead to its 69th record close of 2021. The S&P 500 index SPX, +1.38% was trading 0.5% higher at 4,748, and had hit an intraday day high at 4,750.35, marking the first intraday record for the broad-market index since Nov. 22.
The Dow Jones Industrial Average DJIA, +0.98% rose 0.2% at 36,032, and the Nasdaq Composite Index COMP, +1.39% advanced 0.6% to trade around 15,750. Hundreds of flights were canceled across the globe over the weekend as surging COVID-19 infections triggered quarantines for airline staff. Shares of airliners, including American Airlines Group AAL, -0.49% and United Airlines Holdings UAL, -0.65% were down sharply in early trade.