U.S. stocks ended mixed Monday after rushing to 5-year highs amid merger news of giant companies, as the crude oil prices hovered around 67 dollars.

On the economic front, economic data showed that manufacturing kept expanding. The Institute for Supply Management reported its manufacturing index dropped to 55.2 from 56.7 the month before, while readings above 50 indicate the sector is expanding.

World crude oil prices hovered around 67 dollars Monday, after advancing to two months high Thursday, amid worries of supply in Iran and Nigeria.

Among companies on focus, Alcatel's offer to buy Lucent brought the total value of announced deals for the year to 883.5 billion dollars. That's a 54 percent increase from a year ago. Lucent climbed 3 cents to 3.08 dollars, and Alcatel was up 81 cents to 16.21 dollars.

General Motors Corp. (GM), the world's biggest automaker, announced Monday that it would sell the majority stake in sell a 51 percent stake in its financing arm, General Motors Acceptance Corp., to a group led by Cerberus Capital Management LP for 7.4 billion dollars. GM said it will receive 10 billion dollars by the time the sale is closed. Shares of GM were off 1.13 dollars at 20. 14 dollars on the New York Stock Exchange.

At the closing time, the Dow Jones Industrial Average climbed 35.62, or 0.32 percent, to 11,144.94. The Standard & Poor's 500 index was up 2.98, or 0.23 percent, to 1,297.81. The Nasdaq composite index dropped 3.05, or 0.13 percent, to 2,336.74.

Source: Xinhua