MARKET PULSE-Cisco, Facebook, Abercrombie, Aeropostale, Staples, AMD

Wed Nov 14, 2012 1:39pm EST
 
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Nov 14 (Reuters) - Some U.S. stocks on the move on Wednesday:

(For more market insights, including options activity, click on STXNEWS/US; for the day ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

WALL STREET DIPS, FOCUS SHIFTS BACK TO FISCAL, EUROPE WORRIES

U.S. stocks fell on Wednesday, erasing earlier gains, as strong earnings from technology bellwether Cisco weren't enough to offset investor anxiety over U.S. budget negotiations and Europe's economic troubles.

The Dow Jones industrial average was down 0.70 percent, the Standard & Poor's 500 Index was down 0.55 percent and the Nasdaq Composite Index was down 0.40 percent. (1257 ET)

** FACEBOOK INC, $21.61, up 9 pct (1245 ET)   Continued...