12:25 PM EDT, 05/06/2024 (MT Newswires) -- US equity indexes rose in midday trading Monday. extending gains from last week,

The S&P 500 rose 0.6% to 5,158.2 with the Nasdaq Composite up 0.7% to 16,274.6 and the Dow Jones Industrial Average 0.1% higher at 38,727.8. All three indexes closed higher last week with technology posting the biggest gains.

On Monday, technology and energy paced the gainers among sectors. Consumer staples, health care and real estate were the decliners.

Gold rose 1.1% to $2,333.41 an ounce, and silver jumped 3.4% to $27.61.

In company news, Loop Capital adjusted Walt Disney's ( DIS ) price target to $140 from $113. The entertainment giant will release Q2 results on Tuesday. Shares of Disney ( DIS ) rose 1.5% intraday.

Baird upgraded Micron Technology ( MU ) to outperform from neutral and booted the price target to $150 from $115. Shares of Micron jumped 4.6%, the top gainer on the Nasdaq.

West Texas Intermediate crude oil rose 0.8% to $78.74 a barrel.

US Treasury yields were little changed with the 10-year at 4.5% and the two-year at 4.82%.