Trading was mixed on Monday morning, with the Nasdaq Composite up 0.4% and the Dow Jones Industrial Average down 0.4% as the market kicks off a holiday-shortened week.

In company news, Nordstrom (JWN) said Monday it agreed to be taken private by members of the founding Nordstrom family and Mexican retailer El Puerto de Liverpool in a deal valued at $6.25 billion. Nordstrom shares were down 1.5% near noon.

Honda Motor (HMC) and Nissan Motor said Monday they have signed a memorandum of understanding to discuss the possibility of a merger and the creation of a joint holding company. The companies are aiming for combined sales of 30 trillion Japanese yen ($191.62 billion) and an operating profit of more than 3 trillion yen. Based on the proposed schedule for the combination, the companies said they expect to executive a definitive agreement by June 2025. Honda shares were up 10.3%.

Xerox Holdings (XRX) said Monday it has agreed to acquire Lexmark International from Ninestar, PAG Asia Capital and Shanghai Shouda Investment Center for $1.5 billion, including assumed liabilities. Xerox shares were up 6.2%.

MetLife (MET) unit MetLife Investment Management said Monday it has agreed to acquire PineBridge Investments from Pacific Century Group in a deal valued at up to $1.2 billion. The deal, slated to close in 2025, excludes PineBridge's private equity funds business and its Chinese joint venture, MetLife Investment said. MetLife shares were 0.1% higher.

Lithium Americas (LAC) said Monday it closed its joint venture with General Motors (GM) to fund, develop and operate the Thacker Pass lithium project in Humboldt County, Nevada. The project will supply battery-quality lithium carbonate for North America's critical minerals supply chain, Lithium Americas said. Shares of General Motors were up 0.1%, while those of Lithium Americas were up 5.9%.

Price: 8.93, Change: +0.54, Percent Change: +6.38