Written by Associated Press
Stock indexes closed modestly higher as gains for consumer and household goods companies were partly offset by losses in industrial and energy stocks.
Mattel soared 21 percent Monday on a report that Hasbro offered to buy the rival toymaker.
General Electric slumped 7 percent after cutting its dividend and releasing a weak forecast for next year.
The Standard & Poor’s 500 index rose 2 points, or 0.1 percent, to 2,584.
The Dow Jones industrial average gained 17 points, or 0.1 percent, to 23,439.
The Nasdaq composite index rose 6 points, or 0.1 percent, to 6,757.
Small-company stocks closed slightly lower.
The stock market snapped an eight-week string of gains last week.