Stocks turned higher in late trading on Monday, led by gains in the Nasdaq.

The Dow Jones industrial average <.DJI> was down 8.25 points, or 0.08 percent, at 10,983.88, after briefly trading higher. The Standard & Poor's 500 Index <.SPX> was up 0.56 points, or 0.05 percent, at 1,154.79. The Nasdaq Composite Index <.IXIC> was up 13.96 points, or 0.57 percent, at 2,481.95.

(Reporting by Caroline Valetkevitch; Editing by James Dalgleish)