MARKET PULSE-Cliffs Natural, JP Morgan, AOL, UTStarcom, Apple
March 27 (Reuters) - Some U.S. stocks on the move on Wednesday:
WALL STREET DIPS ON RENEWED EURO ZONE CONCERN
Wall Street opened lower on Wednesday after a robust rally in the prior session, as limp demand at an Italian debt auction sparked concerns over the financial health of the euro zone.
The Dow Jones industrial average was down 64.90 points, or 0.45 percent, at 14,494.75. The Standard & Poor's 500 Index was down 7.39 points, or 0.47 percent, at 1,556.38. The Nasdaq Composite Index was down 18.37 points, or 0.56 percent, at 3,234.15.
** JP MORGAN CHASE & CO, $47.68, down 2 percent (1111 ET)
U.S. prosecutors are examining whether the bank fully alerted authorities to suspicions about fraudster Bernard Madoff, the New York Times reported, citing several people with direct knowledge of the matter. Continued...