U.S. Stocks Little Changed as Energy Shares Drop With Oil

U.S. stocks were little changed, following the biggest weekly rally since January 2013, as energy producers declined after oil dipped below $80 a barrel while telephone and consumer shares rose.

Halliburton Co. and Nabors Industries Ltd. fell more than 6 percent to lead losses in energy companies. Merck & Co. slid 2 percent after cutting the top end of its sales forecast. Sarepta Therapeutics Inc. plunged 32 percent after saying regulators require more data on a new drug proposal. Micron Technology Inc. rallied 4 percent after announcing a share buyback program.