(Reuters) – Wall Street climbed on Monday, with the S&P 500 closing at a record high, as investors awaited cues from the Federal Reserve this week amid caution over rising borrowing costs spurred by massive fiscal stimulus. In a concrete sign that the worst of the damage from the coronavirus pandemic may be over for the airline industry, Delta Air Lines, Southwest Airlines and JetBlue Airways said leisure bookings were rising. The S&P 1500 airlines index jumped to a one-year high, while other travel-related stocks, including Carnival Corp, Wynn Resorts and MGM Resorts also gained. Most of the 11 major S&P sector indexes rose, led by utilities and real estate. Major stock indexes on Friday logged their best week in six after mass vaccinations and congressional approval of a $1.9 trillion aid bill accelerated demand for stocks expected to outperform as the economy reopens, such as banks, energy, materials companies. The Russell growth index outperformed the Russell value index in a modest reversal of investors’ recent trend away from technology and other high-growth stocks. The DJIA was up 0.53% at the closing bell. McDonald’s Corp. was the best performer on the index, rising 3.82%. The S&P 500 gained 0.65% with United Airlines Holdings Inc. climbing 8.26%. The Nasdaq 100 jumped 1.12%, as NXP Semiconductors N.V. surged 8.84%. Nick Note: The Black Jack trade its a killer. THe rocket is ready to launch…….