MARKET PULSE-Smithfield Foods, Sallie Mae, Stewart Enterprises

Wed May 29, 2013 11:12am 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, click on )

May 29 (Reuters) - Some U.S. stocks on the move on Wednesday:

WALL ST EXTENDS LOSSES ON FED UNCERTAINTY

U.S. stocks extended their losses, with the S&P 500 and Dow briefly dropping 1 percent as investors continued to question the longevity of the Federal Reserve's stimulus program.

The Dow Jones industrial average was down 151.41 points, or 0.98 percent, at 15,257.98. The Standard & Poor's 500 Index was down 16.68 points, or 1.00 percent, at 1,643.38. The Nasdaq Composite Index was down 31.40 points, or 0.90 percent, at 3,457.49.

** SMITHFIELD FOODS INC, $32.32, up 24.68 pct (0931 ET)

** TYSON FOODS, $25.74, up 3.35 pct (0932 ET)   Continued...