MARKET PULSE-Apple, Aveo Pharmaceuticals, Transition Therapeutics, Meritor

Tue Apr 30, 2013 11:51am 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 30 (Reuters) - Some U.S. stocks on the move on Tuesday:

WALL ST OFF ON WEAKER-THAN-EXPECTED DATA, PROFIT-TAKING

U.S. stocks fell on Tuesday after a weaker-than-expected index of Midwest business activity, and investors booked profits from a rally that took the benchmark S&P 500 index to a record. The Dow Jones industrial average dropped 0.24 percent. The Standard & Poor's 500 Index fell 0.13 percent and the Nasdaq Composite Index gained 0.16 percent.

** APPLE INC, $434, up 1 pct (0954 ET)

The company came to market Tuesday with what could turn out to be the largest non-bank bond sale in history, as the U.S. computer giant seeks funding to return capital to restless shareholders.

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