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MW: Stocks erase losses as new home sales climb
 
By Kate Gibson
NEW YORK (MarketWatch) -- U.S. stocks on Monday shed early declines to pull into positive territory after the government reported new home sales rose more than expected in June. Off 13 points ahead of the Commerce Department report, the Dow Jones Industrial Average (INDU 9,111, +17.46, +0.19%) rose 17.16 points to 9,110.40. The S&P 500 Index (SPX 981.09, +1.83, +0.19%) added 1.51 points to 980.77, while the Nasdaq Composite (COMP 1,966, +0.10, +0.01%) held flat at 1,965.8.
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