There was only one major economic report in the U.S. on Monday, a measure of activity among so-called service companies, which employ about 90 percent of the American workforce. The Institute for Supply Management's services sector index showed growth in October, but at a slower pace than in September, and just short of what economists expected.
The Dow Jones industrial average rose 0.2 percent to 13,112.44. The Standard & Poor's 500 index rose 0.2 percent to 1,417.26. The Nasdaq composite index rose 0.6 percent to 2,999.66.
Benchmark crude for December delivery was up 5 cents to $85.70 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 79 cents to close at $85.65 on the Nymex on Monday.
In currencies, the euro fell to $1.2784 from $1.2792. The dollar fell to 80.23 yen from 80.26 yen.
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