Major U.S. indices closed higher on Monday, with the Dow Jones Industrial Average advancing 1.32% to 53,178.41.

Palantir (PLTR) stock rises premarket ahead of Q2 earnings while facing new NHS contract scrutiny over its data platform.

Palantir lifted its outlook after reporting accelerated growth in its U.S. commercial sales. Shares climbed 14% to $143.41 in after-hours trading on Monday.