Some stocks got a lift Monday after a positive mention by President-elect Donald Trump.
The gains in Fiat Chrysler, Alibaba and LVMH contrast with the intraday stock declines on other days after negative comments from Trump.
Fiat Chrysler shares were 1.9 percent higher midday Monday after Trump praised the company on Twitter for announcing its U.S. arm will invest in U.S. plants and create jobs. The automaker later said the decision was "coincidental" to the Trump tweets, according to Reuters.
Trump also thanked Ford Motor in a Monday tweet for the automaker's announcement last week about expanding in Michigan rather than building a plant in Mexico. However, Ford shares gave up initial gains and were down slightly at midday.
Later in the morning, Trump said he had a "great meeting" with Alibaba's executive chairman, Jack Ma, at which they discussed 1 million new U.S. jobs. Ma told reporters the focus was on small business.
Shares of Alibaba rose more than 1 percent in midday trading.
Trump also met with Bernard Arnault, chairman and CEO of LVMH, and the president-elect indicated the luxury goods maker would create jobs in the U.S. Arnault told reporters that LVMH may expand its operations in the U.S., including its factory in California.
The thinly traded over-the-counter shares of LVMH in the U.S. spiked 1.5 percent.
The S&P 500 was mildly lower with energy stocks weighing.
— CNBC's Steven Kopack contributed to this report.