12:30 PM EDT, 07/21/2025 (MT Newswires) -- US equity indexes advanced amid declines in government bond yields, the dollar, and crude oil in midday trading on Monday.

The Nasdaq Composite was up 0.5% to 21,006.9 after touching a new all-time high of 21,077.37 earlier in the session. The S&P 500 climbed 0.5% to 6,327.7, earlier hitting a new intraday record high of 6,336.08. The Dow Jones Industrial Average rose 0.5% to 44,576.5, trading close to its peak of 45,073.63.

All sectors except energy and healthcare moved higher intraday, with materials and communication services among the top gainers.

In earnings news, Verizon Communications ( VZ ) lifted the lower end of its full-year earnings growth outlook, as the telecommunications giant reported better-than-expected Q2 results. Shares jumped 5% intraday, the top performer on the S&P 500 and the Dow.

In economic news, the Conference Board's measure of leading indicators fell by 0.3% in June, as expected in a survey compiled by Bloomberg and following a steady reading in May.

"The Conference Board does not forecast a recession, although economic growth is expected to slow substantially in 2025 compared to 2024," said Justyna Zabinska-LaMonica, senior manager, Business Cycle Indicators, at the Conference Board. "Real GDP is projected to grow by 1.6% this year, with the impact of tariffs becoming more apparent in H2 as consumer spending slows due to higher prices."

Most US Treasury yields declined, with the 10-year yield down 6.3 basis points to 4.36% and the two-year 3.1 basis points lower at 3.84%.

West Texas Intermediate crude oil futures declined 0.5% to $65.72 a barrel.