Provided by Dow Jones By Anna Hirtenstein U.S. stocks advanced Monday, led by shares of technology and communications companies, as investors grew more comfortable with the inflation outlook and the pace of the economic recovery. The S&P 500 climbed 0.8% in morning trading, an upbeat start to the week after the index declined for two weeks in a row. The Dow Jones Industrial Average gained 165 points, or 0.5%. The tech-heavy Nasdaq Composite rose 1.2%. Investors are keeping a close eye on inflation indicators to determine whether a rise in prices will be temporary or longer-term. Energy and materials companies that are able to pass along higher costs to consumers have been an increasingly popular trade, while tech companies' shares and bonds have lagged behind.