12:21 PM EST, 11/05/2024 (MT Newswires) -- US equity indexes rose with government bond yields as investors weighed the mixed services data amid in-booth polling.

The S&P 500 climbed 1.2% to 5,778.2, with the Dow Jones Industrial Average up 0.9% to 42,183.4 and the Nasdaq Composite 1.5% higher at 18,439.5. All sectors rose intraday, with technology, consumer discretionary, and industrials among the top gainers.

The US Dollar index dropped 0.4% to 103.52.

Most US Treasury yields rose, with the 10-year up 4.6 basis points to 4.36% and the two-year rate 5.4 basis points higher at 4.23%.

Wall Street will be watching key swing states in the US as election day moves into ballot-counting. Vice President Kamala Harris, the Democratic nominee for president, has a scant lead over Donald Trump, former president and the Republican candidate for the top job, according to the RealClearPolitics national poll average.

"The US presidential election likely will be decided by a few thousand voters across a handful of swing states," Wells Fargo Investment Institute said in a note.

In economic news, the Institute for Supply Management's US services index rose to 56.0 in October from 54.9 in September, compared with expectations for a decrease to 53.8 in a survey compiled by Bloomberg.

The S&P Global US services index was revised down to 55.0 in October from the 55.3 flash reading, compared with expectations for no revision in a survey compiled by Bloomberg. The October index is now below the 55.2 reported in September but still indicates sector expansion in line with most regional services data already released.

In company news, Palantir Technologies ( PLTR ) reported Q3 adjusted earnings late Monday of $0.10 per share, up from $0.07 a year earlier and above the Capital IQ consensus estimate of $0.09. Q3 revenue was $725.5 million, up from $558.2 million in the year-ago period and above the Capital IQ consensus of $703.7 million. Shares of the company soared 22% intraday, the top gainer on the S&P 500.

West Texas Intermediate crude oil jumped 1.6% to $72.58 a barrel.