Wall Street flat as retail sales data allay spending fears

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 6, 2016. REUTERS/Brendan McDermidMoreBy Tanya Agrawal
(Reuters) – U.S. stocks were struggling for direction on Friday morning as a drop in consumer stocks after another set of weak retail reports was offset by a bounce in Apple shares and strong retails sales data that suggested the economy recovery was gaining traction.
The U.S. Commerce Department said retail sales jumped 1.3 percent last month, t