Wall Street Loses Momentum As Stocks Flatline; Transports Firm On Cheap Fuel

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Stocks are flatlining today, trading in a razor-thin range ahead of economic data and Q4 earnings due out later this week. Lingering disappointment over Friday's weak jobs report was erased by Dow component Merck & Co. ( MRK ) issuing positive news about its Vorapaxar blood-clotting drug along with gains in the transportation sector following another drop in fuel prices.

But retail stocks are limiting any market advance following earnings warnings from Lululemon ( LULU ) and Express Inc ( EXPR ). And absent any fresh economic news today, Wall Street instead is looking forward to retail sales and industrial production data later in the week, neither of which are expected to match gains from the prior month.



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This article appears in: Investing , Commodities

Referenced Stocks: EXPR , LULU , MRK

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