MARKET PULSE-Cliffs Natural, JP Morgan, AOL, UTStarcom, Apple

Wed Mar 27, 2013 11:28am EDT
 
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(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/jyf86t)

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...