Stocks struggle after record

Dow wobbles after hitting all-time high; Nasdaq and S&P struggle after cresting 6-year high.

By Alexandra Twin, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) -- Stocks were mixed Monday morning, as investors took tentative steps one session after the Dow industrials closed at an all-time high.

The Dow Jones industrial average (up 13.41 to 12,975.39, Charts) hovered near unchanged in the early going, briefly hitting a new intraday record and moving close to 13,000 before retreating.

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The broader S&P 500 (up 0.33 to 1,484.68, Charts) index was little changed after ending Friday at a 6-1/2-year high.

The Nasdaq (Charts) composite was also little changed after ending the last session at a 6-year high.

Stocks rose Friday, with the Dow ending at a record high for the third session in a row, thanks to some upbeat earnings.

After such a run, investors were a bit more tentative Monday morning, particularly amid an absence of market-moving earnings reports.

Big names report earnings later in the week, including Amgen and Texas Instruments after the close and AT&T and DuPont Tuesday morning.

The early wave of earnings reports have been better than expected, as is typical, since companies tend to issue conservative forecasts. However, forecasts in the first-quarter were particularly low-key, amid economic uncertainty.

So far, 27 percent of the S&P 500 has reported results. Earnings are currently on track to have risen 5.2 percent from a year ago, according to the latest Thomson Financial estimates.

In the day's biggest deals news, Barclays said it will buy ABN Amro for $91 billion. As part of the deal, ABN would sell its U.S. unit LaSalle Bank to Bank of America for $21 billion in cash. However, ABN said it will hear a counter bid from a group led by Royal Bank of Scotland.

U.S. light crude oil for May delivery rose $1.88 to settle at $63.38 a barrel on the New York Mercantile Exchange.

Treasury prices slipped, raising the yield on the ten-year note to 4.68 percent from around 4.67 percent late Friday. Treasury prices and yields move in opposite directions.

In currency trading, the dollar rose a bit versus the euro and the yen. Top of page

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.