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