MARKET PULSE-Verizon, Morgan Stanley, Overstock.com, Greenhill
April 18 (Reuters) - Some U.S. stocks on the move on Thursday:
NASDAQ BRIEFLY OFF 1 PCT, DATA WEIGHS
The Nasdaq Composite briefly fell more than 1 percent after data showed future economic activity fell in March for the first time in seven months and the pace of factory activity growth in the mid-Atlantic region unexpectedly slowed. The Dow Jones industrial average fell 62.71 points, or 0.43 percent, to 14,555.88, the S&P 500 lost 7.88 points, or 0.51 percent, to 1,544.13 and the Nasdaq Composite dropped 22.67 points, or 0.71 percent, to 3,182.01.
** VERIZON COMMUNICATIONS INC, $51.67, up 4.3 pct (1056 ET)
The telephone company reported a higher-than-expected first-quarter profit, driven by strength in its wireless business.