Stocks erased their losses in the final half-hour of trading Monday as the dollar gave up its gains against the euro after earlier hitting a four-year high.

The Dow Jones Industrial Average rose 5.67, or 0.1 percent, to close at 10,625.83, after being down as much as 100 points earlier. The S&P 500 and Nasdaq also pulled off modest gains. The CBOE volatility index, widely considered the best gauge of fear in the market, slipped to around 31.

The euro was around $1.24 against the dollar, after earlier hitting a four-year low against the U.S. currency.

(Source: CNBC)