MARKET PULSE-Onyx Pharma, Acura, BlackBerry, Apple, News Corp

Mon Jul 1, 2013 10:05am 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 on the move on Monday:

SECOND HALF STARTS HIGHER FOR WALL STREET

U.S. stocks bounced back from the previous session's decline to start the second half of 2013 by building on the S&P 500's strongest first half of a year since 1998. The Dow Jones industrial average was up 0.66 percent, the S&P 500 up 0.75 percent and the Nasdaq Composite up 0.95 percent.

** ONYX PHARMACEUTICALS INC, $131.95, up 52 pct (0931 ET)

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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