03:44 PM EDT, 09/09/2024 (MT Newswires) -- US benchmark equity indexes were higher ahead of Monday's close as markets parsed a survey of consumers' inflation expectations.

The Dow Jones Industrial Average was up 1.2% at 40,811.2, while the S&P 500 rose 1% to 5,464.1. The Nasdaq Composite advanced 0.9% to 16,844.5. Barring communication services, all sectors were in the green, led by financials and industrials.

US consumers' inflation expectations rebounded at the medium-term horizon in August, while the one- and five-year outlooks were flat, the Federal Reserve Bank of New York said. The labor market outlook was "mixed, but largely stable," the Fed branch said.

The US two-year yield increased 2.9 basis points to 3.68%, while the 10-year rate dropped one basis point to 3.70%.

Oracle (ORCL) and Rubrik ( RBRK ) are among the companies scheduled to report their latest quarterly financial results after the closing bell.

West Texas Intermediate crude oil rose 1.4% to $68.67 a barrel.