The Dow and S&P 500 index rose on Monday as investors reassessed the potential damage of the fraud case against Goldman Sachs and earnings optimism grew.

The Dow Jones industrial average <.DJI> gained 73.39 points, or 0.67 percent, to 11,092.05. The Standard & Poor's 500 Index <.SPX> gained 5.38 points, or 0.45 percent, to 1,197.51. The Nasdaq Composite Index <.IXIC> dropped 1.15 points, or 0.05 percent, to 2,480.11.

(Reporting by Edward Krudy; Editing by Kenneth Barry)