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US STOCKS SNAPSHOT-Wall St pares gains, Nasdaq turns negative

NEW YORK, Oct 1 (Reuters) - U.S. stocks pared gains, with the Nasdaq turning negative on Monday as Federal Reserve Chairman Ben Bernanke delivered a broad defense of the central bank's controversial bond-buying stimulus plan.

The Dow Jones industrial average

gained 99.22 points, or 0.74 percent, to 13,536.35. The Standard & Poor's 500 Index added 5.57 points, or 0.39 percent, to 1,446.24. The Nasdaq Composite Index dropped 3.46 points, or 0.11 percent, to 3,112.77.

(Reporting by Angela Moon; Editing by Kenneth Barry)

((angela.moon@thomsonreuters.com)(+1 646 223 5685)(Reuters Messaging: angela.moon.thomsonreuters.com@reuters.net))

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Keywords: MARKETS USA STOCKS/NASDAQNEGATIVE