MARKET PULSE-Primus telecommunications, Verizon, Morgan Stanley

Thu Apr 18, 2013 2:09pm 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/faq23t)

April 18 (Reuters) - Some U.S. stocks on the move on Thursday:

WALL ST SLIDES FURTHER, UPTREND IN PERIL

Stocks fell after data showed signs of slower growth ahead for the U.S. economy, with traders zoning in on technicals to anticipate the market's next move. The Dow Jones industrial average fell 52.19 points or 0.36 percent, to 14,566.40, the S&P 500 lost 6.82 points or 0.44 percent, to 1,545.19 and the Nasdaq Composite dropped 26.03 points or 0.81 percent, to 3,178.64.

** VERIZON COMMUNICATIONS INC, $51.28, up 3.5 pct (1339 ET)

The telephone company reported a higher-than-expected first-quarter profit, driven by strength in its wireless business.

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