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U.S. Stocks Trade Narowly Mixed

Stock quotes in this article: FNM , FRE , KFT , SIRI , TSN , VZ , XMSR  

Updated from 9:24 a.m. EDT

Stocks on Wall Street kicked off the week with a narrowly mixed open Monday as reminders of the ongoing housing and credit crises contrasted with solid earnings reports from several big Wall Street names.

The Dow Jones Industrial Average was shedding 46 points to 11,325, and the S&P 500 gave up half a point to 1257. The Nasdaq gained 3.5 points to 2314.

Over the weekend, a slew of corporate news emerged to help set the tone for Monday's trading. In a new development for the ongoing credit crisis, the government said last Friday that it had closed two banks, First National Bank of Nevada and First Heritage Bank of Newport Beach California. The Federal Deposit Insurance Corporation is backing the banks' deposits. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
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