MARKET PULSE-Steinway, Onyx Pharma, Acura, Spherix, Apple, News Corp

Mon Jul 1, 2013 11:20am 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:

S&P 500 POSTS BEST FIRST HALF SINCE 1998

The S&P 500 ended Friday's session with its strongest first half of any year since 1998 after reaching record highs in May on a rally underpinned by the Federal Reserve's massive monetary stimulus. The Dow Jones industrial average was down 0.76 percent, S&P 500 down 0.43 percent, but the Nasdaq Composite was up 0.04 percent.

** STEINWAY MUSICAL INSTRUMENTS INC, $35.19, up 15.6 pct (1035 ET)

The 160-year-old manufacturer of pianos, saxophones and trumpets said it would be acquired by private equity firm Kohlberg & Co in a deal valued about $438 million.

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