The S&P 500 also manages to record increases from yesterday's market; the index showed great strength and closed with a total of 0.2% at 4.08 points to a total of 2,480.9.
Robust second-quarter earnings have boosted the broader market in recent weeks and a strong July employment report on Friday added to positive sentiment.
Trading volume is also expected to be relatively tepid with summer setting in and with the US Congress on vacation.
Aug 7 (Reuters) - U.S. stocks were slightly up in early afternoon trading on Monday, with the Dow on track to close at a record high for the ninth straight day, after squeezing out another all-time high just after the open.
Nearly nothing happened today, but nothing hasn't been enough to keep the S&P 500 and Dow Jones Industrial Average from hitting news all-time highs. The Nasdaq Composite gained 0.5% to 6383.77, NOT a record high.
But Hong Kong continued a month-long advance as traders prepared for more earnings from heavyweights including China Mobile.
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French energy giant Total defied US pressure in July by signing a multi-billion-dollar gas deal with Iran. His nearest conservative challenger Ebrahim Raisi got 38.5 percent of the ballots.
Dow futures were dow 0.11%, S&P 500 futures fell 0.14%, and Nasdaq futures slipped 0.15%.
"With retail earnings, it would be interesting to see if expectations have fallen enough for these companies to beat them", Wiegand said.
Macy's, Kohl's, JC Penney are expected to report results this week, with Wal-Mart, Target due next week. Tyson Foods (TSN.N) rose 5.7% after the No. 1 USA meat processor reported greater-than-expected quarterly profit and sales.
Dean Foods slumped 19.18 percent after the largest U.S. dairy processor's quarterly results came in below estimates.
Elsewhere, energy companies fell along with the price of crude oil.
Oil prices edged lower on Monday, sliding away from nine-week highs, as worries lingered over high production from OPEC and the United States.