The S&P 500 surged to a record Monday, joining a global equity rally as Wall Street brushed aside worries about the global economy and awaited second-quarter company earnings. 

At the closing bell, the broad-based S&P 500 stood at 2,136.94, up about six points from the prior all-time closing peak set in May 2015.

The Dow Jones Industrial Average rose 0.4 percent to 18.223.52, while the tech-rich Nasdaq Composite Index gained 0.6 percent at 4,988.64.