MARKET PULSE-Spirit Aero, Skechers, Doral Financial, Casino stocks

Fri May 2, 2014 11:15am 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/nex49s) U.S. stocks fell on Friday. The Dow Jones industrial average was down 0.10 percent at 16,542.18, the S&P 500 was down 0.01 percent at 1,883.51 and the Nasdaq Composite was up 0.03 percent at 4,128.761.

** SKECHERS USA INC, $40.2, -4.22 pct

Sport shoes maker Skechers USA said on Friday it would explore buying a stake in the Los Angeles Clippers basketball team, whose owner is at the center of a controversy over alleged racist remarks.

** MERCK & CO INC, $58.41, -2.03 pct

** ENDOCYTE INC, $6.58, -62.14 pct

The companies said they had stopped a late-stage trial of their experimental ovarian cancer drug because it did not improve survival rates without the cancer worsening.

** WYNN RESORTS LTD, $219.55, +6.25 pct   Continued...