MARKET PULSE-Spectrum Pharma, Valero Energy, Dole Food, Imris
March 13 (Reuters) - Some U.S. stocks on the move on Wednesday: (For more market insights, including options activity, click on ; for The Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)
WALL STREET DIPS AS INVESTORS PAUSE AFTER RALLY
U.S. stocks edged lower on Wednesday as investors paused after a recent rally, despite data showing retail sales rose more than expected in February.
The Dow Jones industrial average dropped 31.72 points, or 0.22 percent. The Standard & Poor's 500 Index lost 3.03 points, or 0.20 percent. The Nasdaq Composite Index shed 10.03 points, or 0.31 percent.
** SPECTRUM PHARMACEUTICALS, $7.85, down 37 pct (0946 ET)
The company forecast a steep drop in full-year sales as it expects uptake of its biggest-selling product, colon cancer drug Fusilev, to significantly decline as cheaper generics re-enter the market.