U.S. stocks closed slightly higher on Monday, supported by a flurry of merger news, but turmoil in Iraq drove oil prices up and kept trading choppy.
The Dow Jones industrial average rose 5.27 points, or 0.03 percent, to end at 16,781.01. The S&P 500 gained 1.62 points, or 0.08 percent, to 1,937.78. The Nasdaq Composite added 10.45 points, or 0.24 percent, to 4,321.11.
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