US equity indexes closed higher on Monday with the Dow Jones Industrial Average rising to a record as semiconductor stocks rallied.

* The Institute for Supply Management's US services index fell to 54 in June from 54.5 in May, as expected in a survey compiled by Bloomberg. The gauge was in line with some regional Federal Reserve bank measures and differed from others that pointed to contraction.

* The S&P Global US services index was revised downward to 51.2 in June from the 51.3 flash reading, versus expectations for no revision.

* August West Texas Intermediate crude oil was up $0.02 to settle at $68.71 per barrel, while September Brent crude, the global benchmark, was last seen up $0.01 at $72.13.

* Advanced Micro Devices (AMD) shares rose 6.6%, the third-biggest gain on the Nasdaq, after Goldman Sachs boosted its price target on the stock to $640 from $450.

* O'Reilly Automotive (ORLY) shares fell 6.7%, the biggest drop on the S&P 500. The company's potential acquisition of Genuine Parts (GPC) automotive business at a valuation of $10 billion or more may provide greater scale and geographic reach, though the strategic merits remain unclear, UBS Securities said.