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Updated from 4:11 p.m. EST
Wall Street was directionless for the entire session Monday as a spate of merger-and-acquisition activity did little to entice nervous investors.
The Dow Jones Industrial Average gained 8.25 points, or 0.07%, to 12,661.74, while the Nasdaq Composite was off 5.28 points, or 0.21%, at 2470.60. The S&P 500 was lower by 1.40 points, or 0.1%, at 1446.99.
"The bulls have a lot to celebrate and enter the week partying in new high territory," said Ken Tower, chief market strategist with CyberTrader. "Only tech-heavy sectors like the Nasdaq have failed to jump on the new-high bandwagon. This is problematic since the Nasdaq has a history of leading the overall market, but it's too early to panic." ...
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