The S&P 500 and Dow Jones indexes gained more than half a percent on Monday but investors weighed the implications of rising coronavirus infections for business activity while the tech-heavy Nasdaq rose for a seventh session.

The World Health Organization reported a record rise in global Coronavirus cases on Sunday, driving demand for perceived safe-havens, including gold and longer-term U.S. Treasuries.

The Dow Jones gained 0.6 percent, the S&P 500 appreciated 0.7 per cent and the Nasdaq Composite surged 1.1 percent.