MARKET PULSE-Pain Therapeutics, Groupon, AMD, Zions, Coach

Tue Oct 22, 2013 3:54pm EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter,

Oct 22 (Reuters) - U.S. stocks climbed on Tuesday, with the S&P 500 at a record intraday high, after weaker-than-expected job creation last month validated expectations the Federal Reserve will maintain its economic stimulus into next year.

The Dow Jones industrial average was up 0.39 percent at 15,452.99. The Standard & Poor's 500 Index was up 0.39 percent at 1,751.52. The Nasdaq Composite Index was up 0.03 percent at 3,921.31. The S&P earlier hit a record intraday high at 1,759.33.

** SYMMETRICOM INC, 7.18, up 50.2 pct (1:33 p.m. ET)

** MICROSEMI CORP, $26.32, up 3 pct (1:33 p.m. ET)

Power-management chipmaker Microsemi said it would buy atomic clock equipment maker Symmetricom for about $230 million. Microsemi's offer of $7.18 per share is a premium of 50 percent to Symmetricom's closing price on Monday.

** OXYGEN BIOTHERAPEUTICS INC, $1.98, up 41.4 pct (1:34 p.m. ET)   Continued...