Wobbly at the start

NEW YORK (CNNMoney.com) -- Wall Street got off to a mixed start early Monday as investors considered a flurry of merger news from companies in a variety of sectors.

The Dow Jones industrial average edged higher while the Nasdaq fell and the Standard & Poors index straddled the breakeven line in the first moments of trade.

Airline reservation service Sabre Holdings (Charts), the owner of both Travelocity Web site and the computer reservation system used by travel agent and airlines, could be sold this week for a premium to its $3.75 billion market value, according to published reports.

Wire service Reuters reported that Europe's biggest medical device maker, Smith & Nephew (Charts), is close to bidding about $11 billion for U.S. rival Biomet (Charts), citing sources familiar with the situation.

Oil prices fell 58 cents to $61.45 a barrel, extending Fridays losses.

Wall Street waits for the latest on interest rates when the Federal Reserve makes its highly anticipated statement on Tuesday.

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