Stocks fluctuated between small gains and losses on Wall Street for most of Monday. Small-company stocks are doing well because they are less exposed to recession-plagued Europe than the large international stocks that make up the Dow and the S&P 500 index.
Stocks paused on Wall Street Monday as investors assessed whether stock valuations were overstating the recent improvement in the economy. Stocks have surged this year, boosted by an improving economy, Federal Reserve stimulus and record corporate earnings.
Stocks overcame a morning slide to finish modestly higher, giving the Standard & Poor's 500 index another record close. Worries about slower economic growth have rattled stocks this month, but they have consistently bounced back.