US stocks pause as market eyes Greece talks

US stocks were little changed early Monday as markets eyed talks between Greece and international creditors amid concerns about a potential Greek debt default.

US stocks were little changed early Monday as markets eyed talks between Greece and international creditors amid concerns about a potential Greek debt default.

About 30 minutes into trade, the Dow Jones Industrial Average was at 18,176.20, down 14.91 points (0.08 percent).

The broad-based S&P 500 slipped 0.16 (0.01 percent) to 2,115.94, while the tech-rich Nasdaq Composite Index gained 9.28 (0.19 percent) at 5,012.83.

The eurozone`s 19 finance ministers meet in Brussels Monday as Greece pushes its reform plans in hopes of freeing up bailout cash one day before the debt-riddled country must make a 750 million euro ($840 million) debt payment to the International Monetary Fund.

Greece has resisted tough reform requirements that its creditors have set for the release of further bailout funds.

Monday`s trade marked a pause after Friday`s major rally following a solid US April jobs report.

Petroleum company Rosetta Resources surged 28.2 percent after announcing an agreement to be acquired by Noble Energy for $2.1 billion plus the assumption of $1.8 billion of Rosetta debt. Noble fell 5.0 percent.

Pharmaceutical company Actavis rose 3.4 percent as first-quarter earnings excluding the Allergan acquisition and other one-time costs translated into $4.30 per share, better than the $3.94 per share projected by analysts.

Hilton Worldwide dropped 1.1 percent after announcing that its biggest shareholder, the Blackstone Group, will sell 90 million shares. Blackstone fell 0.3 percent.

Bond prices fell. The yield on the 10-year US Treasury rose to 2.18 percent from 2.14 percent Friday, while the 30-year advanced to 2.94 percent from 2.90 percent. Bond prices and yields move inversely.

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