Mixed Moves

Indices closed out mixed on Monday. The Dow shed some points. The S&P 500 and Nasdaq ended in green territory. Home Depot and Alcoa led advancers while JPMorgan Chase, Caterpillar and General Electric stood out among decliners. Trading was turbulent amid the release of falling factory orders. The Commerce Department said that factory orders slipped a larger-than-expected 0.6% in April, from a downwardly revised decrease of 2.1% in March. Economists had expected a lesser dip of 0.3%. In merger moves, WellPoint has agreed to acquire 1-800 Contacts in a deal worth close to $900 million. Elsewhere, crude oil tacked on 75 cents to settle at $83.98 a barrel.

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