Stocks give up an early gain, mixed at midday

By The Associated Press

Published August 4, 2014 4:00pm ET

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Stocks give up an early gain, mixed at midday — Trader Steven Kaplan, center, works on the floor of the New York Stock Exchange, Monday, Aug. 4, 2014. U.S. stocks are opening mostly higher as the market recovers from a two-day slide last week. (AP Photo/Richard Drew) | Richard Drew

U.S. stocks are losing momentum in midday trading following a major sell-off last week that put caution back into the market.

The Dow Jones industrial average fell 16 points, or 0.1 percent, to 16,477 as of noon Eastern time Monday.

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