Wall St had a mixed session on Friday after strong earnings from IBM and Intel contrasted with a disappointing result from Google.
Investors have been concerned about revenue growth in a period of cost cutting and the added uncertainty created by Europe's debt woes
The Dow Jones Index was up 97 points to 12,720 and the Nasdaq Composite was down 2 points to 2787.
In Europe, FTSE 100 in London fell 0.2%, the DAX in Frankfurt was down 0.2% and the CAC-40 in Paris was down 0.2%.
The Nikkei in Tokyo rose 127 points to 8766.
Across the Tasman, the Australian 200 Index rose 25 points to 4240.
The NZX 50 rose 12 points to close at 3276 on Friday.
At 8.15am on Monday, the New Zealand dollar was trading at 80.52 US cents, 76.98 Australian cents, 51.73 pence, 61.95 yen and 0.6246 euro. The Trade Weighted Index was at 71.53.
Brent crude oil was trading at $US108.95 per barrel and gold was trading at $US1658.62 per ounce.
