03:41 PM EST, 12/02/2024 (MT Newswires) -- US benchmark equity indexes were mixed ahead of Monday's close as traders assessed two reports showing that the manufacturing sector remained in contraction territory in November.

The Nasdaq Composite was up 1.1% at 19,422.4, while the S&P 500 rose 0.3% to 6,052.2. The Dow Jones Industrial Average fell 0.2% to 44,812.6. Among sectors, communication services led the gainers, while utilities saw the biggest drop.

The US manufacturing sector's contraction improved more than expected last month, two separate surveys from the Institute for Supply Management and S&P Global ( SPGI ) showed.

The US 10-year yield fell one basis point to 4.19%, while the two-year rate was little changed at 4.17%.

West Texas Intermediate crude oil was almost flat at $68.01 a barrel.