NEW YORK — U.S. stock indexes are mixed in morning trading on Monday following a strong performance last week.
KEEPING SCORE: The Standard & Poor's 500 index edged up six points, or 0.3 percent, to 2,114 as of 10:15 a.m. The Dow Jones industrial average rose 63 points, or 0.3 percent, to 18,190 while the Nasdaq composite slipped two points, or 0.1 percent, to 5,024, not far from its all-time high, last seen during the dot-com bubble in 2000.
The S&P 500 jumped 2.7 percent last week, its biggest weekly gain since early February.
WARNING: Shares in Gilead Sciences fell following news that the pharmaceutical company told physicians that nine patients taking its hepatitis C treatments developed slow heartbeats and that one died. Gilead slid $1.96, or 2 percent, to $100.32.
EUROPE: Germany's DAX lost 1.3 percent and France's CAC 40 shed 0.8 percent. Britain's FTSE 100 was up 0.1 percent.
GREECE IN FOCUS: In Europe, traders were looking to a meeting on Monday between the leaders of Greece and key creditor Germany for signs of progress in Greece's debt negotiations. The country is in talks with its European rescue lenders on what reforms it must make to be eligible to receive more loans. Although Greece faces a cash crunch in coming weeks, the talks have been slow and investors are hoping that the meeting between Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel can get them moving.
ASIA'S DAY: The Shanghai Composite Index rose 2 percent points and Tokyo's Nikkei 225 gained 1 percent. Hong Kong's Hang Seng added 0.5 percent.
OPTIMISM: Investors will be looking at whether U.S. stocks can extend a strong run from last week, when they were boosted by a rebound in oil prices and earnings from sportswear giant Nike and other big companies. The gains came after the Federal Reserve said at the end of its two-day meeting Wednesday that it was in no hurry to hike rates with both U.S. economic growth and inflation low.
THE QUOTE: "On current statements, no central bank in the developed world is going to raise rates before June. In fact, the market believes no central bank will lift rates before September," Evan Lucas of IG Markets said in a report.
CRUDE: Benchmark U.S. crude rose 23 cents to $46.80 a barrel in New York.
CURRENCY: The dollar fell to 119.80 yen from Friday's 120.03 yen. The euro rose to $1.0898 from $1.0820.
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