US benchmark equity indexes are on track to close higher Monday as investors await the latest inflation and producer data due later this week.

The Dow Jones Industrial Average was up 0.2% to 44,438.9, while the Nasdaq Composite increased 0.3% to 20,648.9. The S&P rose 0.2% to 6,269.3. Among sectors, communications led the gainers while energy had the steepest decline.

Autodesk (ADSK) shares were up 5.3%, the top gainer on S&P 500. The company is no longer pursuing an acquisition of PTC (PTC), Bloomberg reported Monday, citing unnamed sources. PTC shares fell 1.7%.

Gen Digital (GEN) shares gained 4% after B. Riley initiated coverage of the company with a buy rating and $46 price target.

Waters (WAT) was among the worst performers on the S&P 500, down 12%. Becton Dickinson (BDX) agreed to combine its biosciences and diagnostic solutions business with Waters. Becton shares were up 0.1%.

The 10-year US Treasury yield was up 1.8 basis points to 4.43%, while the two-year rate decreased 0.6 basis points to 3.90%.

August West Texas Intermediate crude oil fell 1.9% to $67.13 a barrel.