Stocks have shown a lack of direction over the course of the trading session on Monday, with the Nasdaq and the S&P 500 bouncing back and forth across the unchanged line following the strong performance seen last week.

Currently, the Nasdaq and the S&P 500 are posting modest gains. The Nasdaq is up 49.37 points or 0.2 percent at 25,163.81, while the S&P 500 is up 1.32 points or less than a tenth of a percent at 7,231.44.

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