US markets end mixed

CNBC'c Margaret Brennan- We saw a mixed market on Monday with the blue-chips settling up by 41-points after initially rallying by triple digits on Dow. Investors took horror from the conference board latest index of the leading economic indicator, which shows while the economy is slowing, its not in recession.

Tech stocks did finish lower on the Nasdaq by 13-points, losing the initial gains that tech stocks saw following the word that Microsoft is again starting new deal talks with Yahoo. Microsoft shares were lower by nearly 2%.

Another weight on the market was crude oil prices, they climbed higher to USD 227.5/bbl as OPEC reported no output would boost this summer. Exxon Mobil and Chevron shares were rallying nearly 2% on that news and financial stocks were dragged down and Merrill Lynch posted a 2% decline on the day.

The housing slump does continues to yield profit for home improvement retailers like Lowe that company reported an18% profit for which dragged down shares more than 2.5% in Monday’s session. Competitor home Depo shares dip as well ahead of its Tuesday’s earnings release.

  
Wall Street action
Tech stocks finish lower on Nasdaq by 13 pts
Microsoft starts new deal talks with Yahoo
Crude oil makes new record highs as OPEC reports no output boost this summer
Financial stocks drag down
Housing slump continues to eat profit of home improvement retailers

US Eco data

Leading Economic Indicators
Shows that while economy is slowing it's not in a recession