NEW YORK, July 16 (Reuters) - U.S. stocks cut their losses in midday trading on Monday, with the S&P 500 and Nasdaq turning slightly positive.
Equities had been in negative territory earlier in the session following a weak read on retail sales.
The Dow Jones industrial average was down 13.32 points, or 0.10 percent, at 12,763.77. The Standard & Poor's 500 Index was up 0.15 points, or 0.01 percent, at 1,356.93. The Nasdaq Composite Index was up 0.76 points, or 0.03 percent, at 2,909.23.