MARKET PULSE-Peregrine Pharma, Cracker Barrel, Housing stocks

Mon Jun 3, 2013 12:17pm 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/jav58t)

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...