US stock indexes rises on Wall Street

Global equity markets edged higher on Monday as Wall Street rose on Internet and healthcare stocks, while declining yields on government debt also initially provided U.S. equities a lift. Pfizer’s failed bid for AstraZeneca weighed on European shares earlier in the session, with the British drugmaker the biggest drag on the FTSE 100 .FTSE in London and the pan-regional FTSEurofirst 300 index .FTEU3. But Pfizer rebounded on the failed bid. At one point, it was the second-largest contributor to gains in the S&P 500 index, after Apple. Pfizer rose 0.5 percent at $29.28 a share, while AstraZeneca closed down 11.1 percent in London. The Dow Jones industrial average .DJI closed up 20.55 points, or 0.12 percent, to 16,511.86. The S&P 500 .SPX gained 7.22 points, or 0.38 percent, to 1,885.08 and the Nasdaq Composite .IXIC added 35.227 points, or 0.86 percent, to 4,125.815.