Closing Bell: Lululemon Climbs on Deal Chatter; Stocks Fall

Stocks found it hard to commit to any direction to begin the week after a massive surge over the previous five trading sessions. The Dow was the worst performer, though briefly turned green earlier in the day. Athletic wear retailer Lululemon (LULU) jumped on unsubstantiated reports it was in talks to be acquired by Under Armour (UA). The latter has been trying to grow its women's clothing business. Oil had an up and down session, beginning sharply lower after Venezuelan oil minister predicted prices would drop to the mid-$20s unless OPEC cut production. Crude then rebounded after Saudi Arabia backed its commitment to stabilize oil markets. AIG (AIG) climbed after activist investor Carl Icahn insisted the company split into three separate public entities.