MARKET PULSE-Sino Global, Zynga, Steinway, Onyx Pharma, Ariad
July 1 (Reuters) - Some U.S. stocks on the move on Monday:
WALL ST STARTS QUARTER WITH A RALLY, DATA SUPPORTS
U.S. stocks kicked off the third quarter on Monday with gains of 1 percent or more, supported by data that showed U.S. manufacturing bounced back and construction spending near a four-year high. The Dow Jones industrial average was up 1.04 percent, the S&P 500 up 1.08 percent, and the Nasdaq Composite up 1.4 percent.
** SINO GLOBAL SHIPPING AMERICA LTD, $2.05, up 45 pct (1541 ET)
The Chinese shipping services provider signed a 5-year global logistic service agreement with TEWOO Chemical & Light Industry Zhiyuan Trade Co Ltd and TianJin Zhi Yuan Investment Group Co Ltd.