Wall Street mixed in late trade

Markets lifted by M&A activity after struggling for direction in morning trade.

United States stocks have kicked off a holiday-shortened week mixed as investors weigh Irish drug maker Actavis's mega deal to acquire Forest Laboratories and disappointing earnings from Coca-Cola.

At the closing bell, the Dow Jones Industrial Average was down 23.99 points, or 0.15%, at 16,130.40.

The broad S&P 500 index added 2.13 points, or 0.12%, to 1,840.76, while the tech-heavy Nasdaq Composite rose 28.76 points, or 0.68%, to 4,272.78.

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