MARKET PULSE-Apple, Harvest Natural, Renesola, Fusion-io, Ventrus

Wed Sep 11, 2013 12:49pm 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 Call newsletter r.reuters.com/ven92v)

Sept 11 (Reuters) - Some U.S. stocks on the move on Wednesday:

WALL ST EDGES LOWER AFTER RECENT RALLY AS APPLE LAGS

U.S. stocks dipped on Wednesday, as a drop in shares of Apple Inc. threatened to put an end to a six-day run of gains for the S&P 500 and weighed heavily on the Nasdaq. The Dow Jones industrial average was up 0.60 percent, the S&P 500 was up 0.10 percent and the Nasdaq Composite was down 0.25 percent.

** APPLE INC, $467.00, down 5.5 pct (11:21 a.m. ET)

The higher-than-expected price of Apple's new cheaper iPhone eased worries about gross margins, while arousing concerns the company was not being aggressive enough in its fight against Google Inc's market-dominating Android operating system.

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