U.S. stocks meandered between small gains and losses Monday, cooling off after a rally that pushed the Standard & Poor's 500 index above 1,500 for the first time since December 2007. Encouraging news about manufacturing provided an early boost, but stocks fell later after a report on home sales fell short of expectations.

The Dow Jones industrial average closed down 14.05 points, or 0.1 percent, at 13,881.93.

The S&P 500 fell 2.78, or 0.2 percent, to 1,500.18.

The Nasdaq composite index added 4.59, or 0.2 percent, to 3,154.30.

For the year:

The Dow is up 777.79 points, or 5.9 percent.

The S&P 500 is up 73.99, or 5.2 percent.

The Nasdaq is up 134.79, or 4.5 percent.