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Wall Street pares gain, Nasdaq briefly negative


    NEW YORK (Reuters) - Stocks pared early gains and the Nasdaq briefly turned negative after initial enthusiasm over the aid package for Spain faded.

    The Dow Jones industrial average gained 26.41 points, or 0.21 percent, to 12,580.61. The Standard & Poor's 500 Index added 2.34 points, or 0.18 percent, to 1,328.00. The Nasdaq Composite Index edged up 1.82 points, or 0.06 percent, to 2,860.24.

    (Reporting By Chuck Mikolajczak, editing by Dave Zimmerman)