MARKET PULSE-MBIA, Arkansas Best, Tyson Foods, BofA, YRC, Linn

Mon May 6, 2013 2:14pm EDT
 
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May 6 (Reuters) - Some U.S. stocks on the move on Monday:

WALL ST EDGES UP AS APPLE LEADS TECH SECTOR HIGHER

U.S. stocks edged up, boosted by the tech sector, as Wall Street extended a rally that pushed the Dow and S&P 500 to record highs last week on improving earnings and reassuring signs about the economy. Apple shares were among the top gainers, giving the biggest boosts to the Nasdaq composite index and benchmark S&P.

The Dow Jones industrial average was up 0.02 percent, the Standard & Poor's 500 Index up 0.21 percent and the Nasdaq Composite Index <.IXIC. was up 0.39 percent.

** APPLE INC, $460.72, up 2.3 pct (1212 ET)

Barclays Capital raised its price target on the company's stock to $525 from $465, saying the shares are back on the "right track" after hitting a low of $385.10 on April 19.

"We believe Apple is about to change the narrative and get investors, analysts, customers and the media finally talking about new products again - starting with a software/services/Mac event on June 10th and a likely iPhone/iPad event in September," analysts led by Ben Reitzes said in a note to clients.   Continued...