By Kate Gibson, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks trimmed early declines Monday as Broadcom's roughly $3.7 billion bid for NetLogic Microsystems Inc. offset some of Wall Street's worries about Europe's debt troubles. "We had some positive news on the tech front with a merger, that may be buoying stocks a bit. Greece is about to go bust and the market doesn't seem to care at the moment," said Jack Ablin, chief investment officer at Harris Private Bank. After falling as much as 135 points the Dow Jones Industrial Average (DJI) was lately off 51.20 points at 10,940.93. The Standard & Poor's 500 Index (SPX) shed 3.68 points to 1,150.55. Erasing its losses, the Nasdaq Composite Index (RIXF) added 4.74 points to 2,472.73. Chip manufacturer Broadcom (BRCM) said it would pay $50 a share for NetLogic Microsystems (NETL) to extend its product line with new processors.