Jan. 13 (Bloomberg) — U.S. stocks were little changed as investors assessed prospects for economic and corporate earnings growth after the Standard & Poor's 500 Index rallied the most last year in more than a decade.
Lululemon Athletica Inc. slumped 17 percent after the sportswear maker lowered its profit and sales forecast. Symantec Corp. lost 2.5 percent as Morgan Stanley recommended investors sell the shares. Beam Inc. jumped 24 percent after Suntory Holdings Ltd. said it will acquire the spirits maker in a $16 billion deal. Juniper Networks Inc. rallied 9 percent after the maker of computer-networking equipment was said to be targeted by activist hedge fund Elliott Management Corp.
The S&P 500 added less than 0.1 percent to 1,842.71 at 10:09 a.m. in New York. The Dow Jones Industrial Average rose 6.93 points, or less than 0.1 percent, to 16,443.98 today.
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