The S&P 500 rose Monday to its highest level in nine months, boosted by gains from technology giants like Apple.

The benchmark index gained 0.25%, while the Nasdaq Composite jumped 0.5%. The Dow Jones Industrial Average dipped 82 points, or 0.25%

Apple rose more than 2% to hit an all-time high ahead of the widely anticipated unveiling of its virtual reality headset at its annual Worldwide Developers Conference. Shares last traded at $183.61. Other technology stocks gained, with Amazon and Alphabet last up more than 1% each. Netflix jumped 2.6%.

Stocks rallied last week after a strong May jobs report signaled to some investors that the long-anticipated recession may no longer be in the cards for the economy -- or at least not until 2024. The passage of the debt ceiling bill also boosted investor sentiment.

Source : CNBC