12:22 PM EDT, 09/09/2024 (MT Newswires) -- US equity indexes rose after midday on Monday, led by consumer discretionary and industrials, recovering from declines in the previous week.

The Nasdaq Composite rose 1% to 16,858.1, with the S&P 500 index up 1.1% to 5,468.2 and the Dow Jones Industrial Average 1.4% higher at 40,925.3. All three indexes closed lower last week.

All sectors rose intraday, with financials also among the top gainers.

In economic news, wholesale inventories rose 0.2% in July, revised down from a 0.3% increase in the advance reading and a flat print in June. Analysts in a survey compiled by Bloomberg expected July inventories to be unrevised.

Treasury yields were mixed, with the two-year up 2.1 basis points at 3.67% and the 10-year softer at 3.71%.

West Texas Intermediate crude oil jumped 1% to $68.33 a barrel, rebounding from its lowest this year.

In company news, Boeing ( BA ) shares jumped 3.8% intraday, among the top gainers on the Dow, after the plane maker said Sunday that it reached a tentative labor deal with the International Association of Machinists and Aerospace Workers, representing more than 33,000 employees.