MARKET PULSE-Peregrine Pharma, Cracker Barrel, Merck, Flamel, Intel
June 3 (Reuters) - Some U.S. stocks on the move on Monday:
EARLY GAINS FADE; S&P 500, NASDAQ TURN NEGATIVE
U.S. stocks early advance lost steam on Monday, with both the S&P 500 and Nasdaq turning negative.
The Dow Jones industrial average gained 31.50 points, or 0.21 percent. The Standard & Poor's 500 Index dropped 2.33 points, or 0.14 percent. The Nasdaq Composite Index dropped 10.74 points, or 0.31 percent.
** CRACKER BARREL OLD COUNTRY STORE INC, $95.6, up 7 pct (0935 ET)
The company, which owns the Steak 'n Shake and Western Sizzlin restaurants, reported third-quarter results that beat market estimates as more customers visited its stores and restaurants. Continued...