Stocks rose on Monday as Amazon and Apple outperformed, but gains were kept in check amid pressure from Boeing and Facebook, while investors braced for a busy week highlighted by a key Federal Reserve meeting.

The closed 0.4 percent higher at 2,832.94 as the energy and financials sectors rose more than 1 percent each. The Nasdaq Composite also gained 0.3 percent to close at 7,714.48 as Amazon rose more than 1.5 percent. The Dow Jones Industrial Average advanced 65.23 points to 25,914.10 — posting a four-session winning streak — as a 1 percent rise in Apple helped offset losses in Boeing.

Boeing fell more than 1.5 percent after The Wall Street Journal reported the Department of Transportation and federal prosecutors were scrutinizing the development of the company's 737 Max planes. This comes after an Ethiopian Airlines flight involving the 737 Max 8 jet crashed last week.

Facebook shares also fell 3.3 percent after an analyst at Needham downgraded the company to hold from buy, citing worries about Facebook's pivot to privacy and encrypted messages as well as the possibility of more regulatory scrutiny.

Investors prepared themselves for a busy week as the Fed begins its two-day monetary policy meeting on Tuesday. Market expectations for a rate hike are at zero, according to the CME Group's FedWatch tool. However, investors will look for clues about the central bank's economic outlook.