MARKET PULSE-Peregrine Pharma, Cracker Barrel, Housing stocks
June 3 (Reuters) - Some U.S. stocks on the move on Monday:
WALL ST EXTENDS LOSSES; NASDAQ OFF 1 PCT
U.S. stocks extended losses on Monday, with the Nasdaq falling more than 1 percent in late morning.
The Dow Jones industrial average was up 27.18 points, or 0.18 percent. The Standard & Poor's 500 Index was down 7.45 points, or 0.46 percent. The Nasdaq Composite Index was down 34.99 points, or 1.01 percent.
** APPLE INC, $443.60, down 1.3 pct (1210 ET)
Fidelity Investments' Contrafund, the largest active shareholder in Apple, cut its stake in the iPad and iPhone maker by a further 9 percent in April after expressing concern about heightened competition from rivals. Continued...