It was a light trading day on Wall Street as investors took a bit of a break after last week's rally.
In earnings news, Boardwalk Pipeline Partners (NYSE:BWP) met profit expectations as the oil and gas company reported a 26 percent increase in fourth quarter earnings.
Shares of Google (NASDAQ:GOOG) are trading lower today after executive chairman Eric Schmidt announced he will sell 3.2 million shares, which is roughly a 42 percent stake in the company.
On the M&A front, US Airways (LCC) and AMR (NASDAQ:AMR), parent company American Airlines are reportedly close to announcing a merger that would create the nation's biggest airline. The deal is worth 11 billion dollars.
Tomorrow, we'll take a look at earnings from Barclay's (NYSE:BCS) and Cola-Cola (NYSE:KO).
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