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NEW YORK (CNNMoney)
The Dow, S&P 500, and Nasdaq were all lower in morning trading.
The Dow and S&P 500 are near all-time highs as investors celebrated the five year anniversary of the current bull market. But the Nasdaq is not back to all-time highs yet. In fact, Monday is the 14-year anniversary of the tech-heavy index hitting its peak of above 5,130. Still, the Nasdaq is now only about 15.5% below its dot-com boom record, thanks to a nearly 40% jump last year and strong start to 2014.
Related: Winners and losers of the bull market
European markets were mixed in afternoon trading. But Asian markets ended significantly lower after China trade data and revised Japanese GDP numbers came in weaker than expected.
Boeing (BA, Fortune 500) shares fell after Malaysia Airlines Flight 370, a Boeing 777, disappeared Saturday in mysterious circumstances en route to Beijing. The company also announced late Friday that "hairline cracks" had been found on some of its Dreamliner 787 jets still in production.
Tension in Ukraine created volatility in global markets early last week. But investors have been breathing a sigh of relief the past few days as the crisis seems to be abating.
"As long as there's no feeling that an escalation into a wider conflict is imminent, the markets may remain calm," said Wasif Latif of USAA Investments in a note to clients Monday morning.
Related: Fear & Greed Index is in extreme greed
In other corporate news, Chiquita Brands (CQB) rallied after the company said it was buying Ireland's Fyffes for about $526 million to create the world's leading banana company.
Related: CNNMoney's Tech 30
Shares of eBay (EBAY, Fortune 500), a member of CNNMoney's Tech 30 Index, slumped after Carl Icahn stepped up his campaign against the company's management.
In a letter Monday, the activist investor attacked John Donahue, the company's CEO, for failing to supervise his firm's board for alleged conflicts of interest related to their financial stakes in companies that Icahn believes are eBay competitors. eBay responded by defending Donahue's record. Icahn wants eBay to spin off its PayPal unit.
First Published: March 10, 2014: 9:50 AM ET
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