MARKET PULSE-Onyx Pharmaceuticals, BlackBerry, Apple, News Corp

Mon Jul 1, 2013 9:23am 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/zaq39t)

July 1 (Reuters) - Some U.S. stocks to watch on Monday:

FUTURES INDICATE POSITIVE START TO THIRD QUARTER

U.S. stock index futures rose, indicating that equities would start the second half of the year by building on the strongest first half of any year since 1998. S&P 500 futures were up 7.9 points, Dow Jones industrial average futures up 82 points and Nasdaq 100 futures up 16.75 points.

** ONYX PHARMACEUTICALS INC, Friday close $86.82, up 50 pct premarket

The cancer drugmaker said on Sunday it rejected a roughly $10 billion takeover offer from larger biotechnology company Amgen Inc as too low but was still considering selling itself. Canaccord Genuity raised the price target on Onyx's stock to $140 from $105.

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