Stocks pared earlier gains by midday Monday, with the Nasdaq briefly turning negative.

The Dow Jones industrial average <.DJI> was up 32.31 points, or 0.30 percent, at 10,849.96. The Standard & Poor's 500 Index <.SPX> added 0.99 points, or 0.09 percent, at 1,124.52. The Nasdaq Composite Index <.IXIC> was down 0.91 points, or 0.04 percent, at 2,340.93.

(Reporting by Angela Moon; editing by Jeffrey Benkoe)