Verizon, chipmakers buoy Wall Street

NEW YORK (Reuters) - U.S. stocks rose on Monday with Verizon lifting the telecoms sector after the stock got an upgrade, while a deal in semiconductors boosted high-performing tech shares.

The Dow Jones Industrial Average <.DJI> rose 72.09 points, or 0.31 percent, to 23,430.33, the S&P 500 <.SPX> gained 3.29 points, or 0.13 percent, to 2,582.14 and the Nasdaq Composite <.IXIC> added 7.92 points, or 0.12 percent, to 6,790.71.

(Reporting by Rodrigo Campos; Editing by Nick Zieminski)